Why is Modern Threads falling/rising?

As of 12-Sep, Modern Threads (I) Ltd is experiencing a decline in its stock price, currently at Rs 54.95, reflecting a decrease of Rs 2.29 or 4.0%. The stock has underperformed its sector by 3.42% today and has been on a downward trend for the last two days, accumulating a total loss of 5.24%. It opened with a significant loss of 4% and reached an intraday low of Rs 54.95. Additionally, the stock's delivery volume has dropped by 50% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 7.26%, while it has shown a positive return of 17.99% over the last month, suggesting volatility in its performance.
In the broader market context, the Sensex has gained 1.48% over the past week, contrasting with Modern Threads' decline, which highlights the stock's underperformance relative to the benchmark. Year-to-date, Modern Threads has a return of 9.03%, outperforming the Sensex's 4.82%, but its one-year performance shows a decline of 14.07% compared to the Sensex's slight drop of 1.28%. This indicates that while the stock has had periods of growth, its recent performance is not keeping pace with the overall market, contributing to the current downward trend.