Why is Omnitex Industri falling/rising?

As of 06-Aug, Omnitex Industries (India) Ltd is experiencing a decline in its stock price, currently at 542.30, which reflects a decrease of 11.05 points or 2.0%. The stock has been on a downward trend, losing value for the last six consecutive days, resulting in a total drop of 11.39% during this period. It opened today with a loss of 2% and has traded flat at this price level. Despite its recent struggles, the stock has shown impressive long-term performance, with a year-to-date increase of 91.05% and a remarkable 246.52% rise over the past year. However, the textile sector overall has also seen a decline of 2.07%, indicating sector-wide challenges that may be affecting Omnitex's performance.
In the broader market context, Omnitex's short-term performance has been significantly worse than the benchmark Sensex, which has only declined by 1.15% over the past week. This stark contrast highlights the stock's recent struggles compared to the overall market. Additionally, while the stock's delivery volume has increased by 55.73% against the five-day average, suggesting rising investor participation, the overall liquidity remains stable, allowing for sufficient trading activity. The combination of these factors contributes to the stock's current downward movement, reflecting both company-specific challenges and broader sector trends.