Why is Katare Spinning falling/rising?

As of 24-Sep, Katare Spinning Mills Ltd is experiencing a decline in its stock price, currently at Rs 125.00, which reflects a decrease of Rs 6.9 or 5.23%. The stock has been underperforming significantly, having fallen consecutively for the last three days, with a total return of -5.37% during this period. It is currently trading close to its 52-week low, just 4% above Rs 120, and has opened with a loss of 5.19% today. Additionally, the stock is trading below all major moving averages, indicating a bearish trend. The delivery volume has also decreased by 51% compared to the 5-day average, suggesting falling investor participation, which could further contribute to the downward pressure on the stock.
In the broader market context, Katare Spinning's performance over the past week shows a decline of 6.65%, while the benchmark Sensex has only decreased by 1.18%, indicating a significant underperformance relative to the market. Over the past month, the stock has dropped 10.71%, contrasting with a slight gain of 0.50% in the Sensex. Year-to-date, Katare Spinning has seen a staggering decline of 41.59%, while the Sensex has risen by 4.58%. This stark difference highlights the challenges faced by the company compared to the overall market, further exacerbating the negative sentiment surrounding its stock.