Why is Lovable Lingerie falling/rising?

As of 17-Nov, Lovable Lingerie Ltd's stock price is currently at Rs 87.50, reflecting a decline of Rs 3.92 or 4.29%. The stock has underperformed its sector by 3.56% today, having touched an intraday low of Rs 87, which represents a decrease of 4.83%. Additionally, Lovable Lingerie is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also seen a significant drop in investor participation, with delivery volume falling by 52.57% compared to the 5-day average. Over the past week, the stock has decreased by 7.97%, and year-to-date, it has fallen by 32.67%, highlighting a consistent downward trajectory.
In the broader market context, the Sensex has shown a positive return of 1.69% over the past week, contrasting sharply with Lovable Lingerie's negative performance. This divergence indicates that while the overall market is experiencing growth, Lovable Lingerie is struggling significantly. The stock's year-to-date performance is also concerning, as it has underperformed the Sensex, which has gained 8.72% during the same period. This underperformance relative to the benchmark suggests that investor sentiment towards Lovable Lingerie is weak, contributing to the stock's decline.