Why is Modern Threads falling/rising?

As of 23-Jun, Modern Threads (I) Ltd is experiencing a decline in its stock price, currently at 48.40, which reflects a decrease of 0.08 or 0.17%. The stock has underperformed its sector today by 0.7% and has been on a consecutive downward trend for the last two days, resulting in a total drop of 5.15% during this period. Over the past week, the stock has decreased by 0.41%, while it has shown a modest increase of 8.04% over the past month. However, the year-to-date performance reveals a decline of 3.97%, and the stock has significantly underperformed over the past year with a drop of 21.59%. Notably, the stock has been trading erratically, missing trades on two days out of the last twenty, although there has been a rise in investor participation, with delivery volume increasing by 76.33% against the five-day average.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.12% over the past week and 4.81% year-to-date, Modern Threads' short-term performance has lagged behind, indicating a weaker position in the market. The Sensex has also shown a positive return of 6.07% over the past year, contrasting sharply with Modern Threads' significant decline. This disparity highlights the challenges faced by the company in attracting investor confidence, despite some positive indicators such as increased trading volume. Overall, the stock's recent performance reflects a combination of negative momentum and broader market trends that are not favorable for its recovery.