Why is Nitin Spinners falling/rising?

As of 05-Sep, Nitin Spinners Ltd is experiencing a decline in its stock price, currently at 333.30, reflecting a decrease of 0.7 or 0.21%. The stock has been on a downward trend, having lost 5.46% over the last four days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a rise in delivery volume by 90.55% against the 5-day average, the stock's performance over the past week and month shows a decline of 4.48% and 4.69%, respectively. Additionally, while the company has demonstrated high management efficiency and healthy long-term growth, it has also reported flat results in its latest quarterly earnings, with net sales and profit figures at their lowest, contributing to its underperformance relative to the market. In the broader market context, Nitin Spinners has underperformed significantly compared to the benchmark Sensex, which has gained 1.13% over the past week, while Nitin Spinners has dropped 4.48%. Over the past year, the stock has fallen by 20.82%, contrasting sharply with the Sensex's decline of only 1.81%. This stark difference in performance highlights the challenges faced by Nitin Spinners, including its recent flat quarterly results and a higher overall decline compared to the broader market, which has likely contributed to investor sentiment and the stock's current downward trajectory.