Why is Modern Threads falling/rising?

As of 04-Nov, Modern Threads (I) Ltd is experiencing a decline in its stock price, currently at Rs 45.26, which reflects a decrease of Rs 0.62 or 1.35%. The stock has underperformed its sector by 0.27% today and has been on a downward trend, losing 1.82% over the last two days. Additionally, the stock has shown erratic trading patterns, not trading on 5 out of the last 20 days, and is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also decreased significantly, falling by 26.25% compared to the 5-day average, indicating a drop in investor participation.
In the broader market context, the stock has underperformed relative to the Sensex, with a 1-week return of -4.45% compared to the benchmark's -1.31%. Over the past month, Modern Threads has declined by 1.95%, while the Sensex has increased by 2.83%. Year-to-date, the stock has fallen by 14.60%, contrasting sharply with the Sensex's gain of 8.26%. This persistent underperformance against the benchmark suggests that investor sentiment towards Modern Threads is weak, contributing to its recent price decline.