Why is Loyal Textile falling/rising?

As of 18-Nov, Loyal Textile Mills Ltd is experiencing a decline in its stock price, currently at Rs 224.00, which represents a decrease of Rs 10.0 or 4.27%. The stock has been underperforming significantly, with a consecutive fall over the last two days resulting in an overall drop of 8.91%. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock is also close to its 52-week low, just 4.22% away from Rs 214.55. In terms of performance against benchmarks, Loyal Textile has shown substantial negative returns over various periods, including a year-to-date decline of 34.35% compared to a positive 8.36% for the Sensex.
In the broader market context, the stock's short-term performance has been notably poor, with a one-week return of -6.67% while the Sensex has gained 0.96%. This stark contrast highlights the stock's struggles relative to the overall market. Despite a rise in investor participation, as indicated by an 81.08% increase in delivery volume on November 17, the stock's liquidity remains adequate for trading. However, the negative sentiment surrounding the stock's performance and its consistent underperformance against the sector has contributed to its current downward trajectory.