Why is Loyal Textile falling/rising?

As of 20-Oct, Loyal Textile Mills Ltd is experiencing a decline in its stock price, currently at Rs 262.10, which represents a decrease of Rs 13.25 or 4.81%. The stock has been underperforming, having lost 9.56% over the last two days and showing a significant decline of 53.63% over the past year. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, while there has been a notable increase in delivery volume, rising by 350.89% on October 17 compared to the 5-day average, the stock's performance today has underperformed its sector by 5%. In the broader market context, the Sensex has shown a positive return of 2.47% over the past week, contrasting sharply with Loyal Textile's decline of 8.00% in the same period. This disparity highlights the stock's significant underperformance relative to the benchmark. Furthermore, while the stock has been liquid enough for trading, the overall negative sentiment surrounding Loyal Textile, as evidenced by its substantial year-to-date decline of 23.18% compared to the Sensex's gain of 7.97%, suggests that investor confidence is waning, contributing to the stock's falling price.