Why is Neelam Linens falling/rising?

As of 17-Oct, Neelam Linens and Garments (India) Ltd is experiencing a decline in its stock price, currently at Rs. 18.05, which reflects a decrease of Rs. 0.95 or 5.0%. The stock has hit a new 52-week and all-time low today, indicating significant downward pressure. It has underperformed its sector by 4.02% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 44.44% against the 5-day average. The stock has also seen a substantial decline in returns, with a year-to-date drop of 68.36%, while the benchmark Sensex has increased by 8.73%.
In the broader market context, Neelam Linens' short-term performance has been significantly worse than the benchmark, with a 1-week return of -8.14% compared to the Sensex's gain of 1.68%. This stark contrast highlights the stock's struggles relative to the overall market. The lack of available positive factors further emphasizes the challenges faced by the company, contributing to the negative sentiment surrounding its stock price. Overall, the combination of poor performance metrics, declining investor interest, and unfavorable comparisons to the benchmark indicates a troubling outlook for Neelam Linens.