Why is Lovable Lingerie falling/rising?

As of 04-Nov, Lovable Lingerie Ltd's stock price is currently at Rs 92.40, reflecting a decrease of Rs 2.01 or 2.13%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 6.15% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume dropping by 21.49% compared to the 5-day average, suggesting reduced interest in the stock. The stock's performance over the past week shows a decline of 3.16%, while its year-to-date performance is down by 28.90%, significantly underperforming the Sensex, which has gained 6.81% during the same timeframe.
In the broader market context, Lovable Lingerie's recent performance contrasts sharply with the Sensex, which has shown positive returns over the past month and year. While the Sensex has increased by 2.77% in the last month, Lovable Lingerie has experienced a decline of 4.16%. This underperformance is indicative of broader market trends favoring other sectors or companies, which may be attracting investor interest away from Lovable Lingerie. The significant disparity in returns over various periods, particularly the 3-year and year-to-date comparisons, highlights the challenges the company faces in regaining investor confidence amidst a generally positive market backdrop.