Why is Nitin Spinners falling/rising?

As of 14-Aug, Nitin Spinners Ltd's stock price is currently at 325.05, reflecting a decrease of 8.25, or 2.48%. The stock has underperformed its sector by 1.55% today and has touched an intraday low of Rs 325, indicating a downward trend. Over the past week, the stock has declined by 3.85%, and it has significantly underperformed the market over the last year with a return of -21.30%, compared to the Sensex's gain of 1.89%. The stock is also trading below its moving averages across various timeframes, which suggests a bearish sentiment among investors. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 65.59% against the five-day average.
In the broader market context, while the Sensex has shown minimal movement with a decline of only 0.03% over the past week, Nitin Spinners' performance has been considerably worse, indicating a lack of confidence from investors. Despite the company's high management efficiency and healthy long-term growth in operating profit, the recent flat results in net sales and profitability have raised concerns. The stock's valuation appears attractive compared to peers, but the significant underperformance relative to the market and the recent drop in trading volume suggest that investors are cautious, leading to the current decline in stock price.