Why is Kamadgiri Fash. falling/rising?

As of 17-Nov, Kamadgiri Fashion Ltd's stock price is currently at Rs 89.94, reflecting a decline of Rs 8.56 or 8.69%. The stock has underperformed its sector by 8.74% today and has experienced a trend reversal, falling after four consecutive days of gains. It opened with a loss of 4.57% and reached an intraday low of Rs 89, marking a 9.64% decrease. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Notably, investor participation has decreased significantly, with delivery volume dropping by 92.5% compared to the 5-day average, which suggests a lack of confidence among investors.
In the broader market context, Kamadgiri Fashion Ltd's performance over the past week shows a decline of 0.81%, while the benchmark Sensex has increased by 1.69%. Over the past month, the stock has fallen by 10.37%, contrasting with a modest gain of 1.19% for the Sensex. Year-to-date, Kamadgiri has shown a positive return of 5.63%, but this is still below the Sensex's return of 8.72%. The significant underperformance relative to the benchmark and the recent negative price movements indicate that the stock is facing challenges in maintaining investor interest and confidence in the current market environment.