Why is Katare Spinning falling/rising?

As of 23-Jun, Katare Spinning Mills Ltd is experiencing a decline in its stock price, currently at Rs 157.25, which represents a decrease of Rs 5.25 or 3.23%. The stock has been underperforming significantly, with a consecutive fall over the last three days resulting in a total drop of 10.14%. It is also trading close to its 52-week low, just 1.43% away from Rs 155. The stock's performance has been poor over various periods, showing a year-to-date decline of 26.52% and a one-year decline of 34.86%. Additionally, it is trading below all key moving averages, indicating a bearish trend. While there has been a notable increase in delivery volume, this positive factor is overshadowed by the overall negative performance and lack of positive indicators.
In the broader market context, the Sensex has shown a slight increase of 0.12% over the past week, contrasting sharply with Katare Spinning's decline of 6.34% during the same period. This underperformance against the benchmark highlights the stock's struggles relative to the overall market. Furthermore, while the stock has been liquid enough for trading, the erratic trading pattern and the significant drop in price suggest a lack of investor confidence, which is further reflected in its poor returns compared to the benchmark over the last month and year.