Why is Nandan Denim falling/rising?

As of 06-Aug, Nandan Denim Ltd's stock price is currently at 3.49, reflecting a decrease of 0.01, or 0.29%. The stock has underperformed in the short term, with a 1-week return of -4.38% and a 1-month return of -8.64%. Today's performance indicates that it has outperformed its sector by 1.78%, despite trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). Additionally, there has been a significant drop in investor participation, with delivery volume falling by 40.65% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, Nandan Denim's recent performance contrasts with the benchmark, as the Sensex has only declined by 1.15% over the past week. This indicates that while the overall market has experienced a slight downturn, Nandan Denim's stock has faced a more substantial decline. The textile sector, in which Nandan Denim operates, has also seen a decrease of 2.05%, further contributing to the stock's struggles. Year-to-date, Nandan Denim has significantly lagged behind the Sensex, with a decline of 28.19% compared to the benchmark's increase of 3.08%.