Why is Omnitex Industri falling/rising?

As of 15-Jul, Omnitex Industries (India) Ltd is experiencing a decline in its stock price, currently at Rs 497.00, which reflects a decrease of Rs 6.4 or 1.27%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total drop of 6.2% during this period. Despite a strong performance over the past year with a return of 207.74%, the company is facing challenges such as operating losses and weak long-term fundamental strength, which are contributing to its current price movement. Additionally, the stock's performance today has underperformed its sector by 2.61%, and there has been a significant drop in investor participation, with delivery volume falling by 71.31% against the five-day average.
In the broader market context, while Omnitex Industries has shown impressive returns over various periods, including a 52.92% increase over the past month, the benchmark Sensex has only gained 1.79% in the same timeframe. This indicates that the stock has been outperforming the market in the longer term, but the recent price decline suggests a shift in sentiment, possibly due to concerns over its operating losses and negative EBITDA. The stock's liquidity remains adequate for trading, but the combination of falling investor interest and poor financial fundamentals may be weighing heavily on its current performance.