Why is Modern Threads falling/rising?

As of 26-Sep, Modern Threads (I) Ltd is experiencing a decline in its stock price, currently at Rs 45.26, which represents a decrease of Rs 2.14 or 4.51%. The stock has been underperforming, having lost 12.78% over the last three days, and it is trading below all its moving averages, indicating a bearish trend. Despite opening with a gain of 4.94% today and reaching an intraday high of Rs 49.74, the stock fell to its current price, reflecting high volatility with an intraday fluctuation of 7.41%. Additionally, while there was a notable increase in delivery volume by 70.92% on 25 September, the overall performance today underperformed the sector by 2.62%. The stock has also shown significant declines over various periods, including a 19.24% drop over the past month and a 21.97% decrease over the past year.
In the broader market context, the stock's performance has been notably worse than the benchmark Sensex, which has only declined by 2.66% over the past week and 0.45% over the past month. Year-to-date, while the Sensex has gained 2.93%, Modern Threads has seen a decline of 10.20%. This stark contrast highlights the stock's struggles relative to the market, contributing to investor sentiment that may be driving the price down. The lack of positive factors in the provided data further emphasizes the challenges faced by Modern Threads, as no specific positive developments or news were mentioned to counterbalance the negative trends.