Why is Lehar Footwears falling/rising?

As of 15-Oct, Lehar Footwears Ltd is experiencing a decline in its stock price, currently at Rs 239.75, which reflects a decrease of Rs 4.2 or 1.72%. The stock has underperformed its sector by 1.44% today, touching an intraday low of Rs 239, which is a drop of 2.03%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has significantly decreased by 69.25% compared to the 5-day average, suggesting a reduction in investor participation. Over the past week, the stock has declined by 3.91%, and its year-to-date performance shows a decrease of 4.10%, contrasting with the benchmark Sensex, which has gained 5.72% during the same period.
In the broader market context, Lehar Footwears' recent performance is notably weaker than the Sensex, which has increased by 1.02% over the past week and 5.72% year-to-date. This underperformance highlights a lack of investor confidence in the stock relative to the overall market. The absence of any positive factors in the provided data further emphasizes the challenges faced by the company, contributing to its declining stock price amidst a generally favorable market environment.