Why is Rajapalayam Mill falling/rising?

As of 06-Nov, Rajapalayam Mills Ltd is experiencing a decline in its stock price, currently at 845.00, reflecting a decrease of 13.55, or 1.58%. The stock has underperformed its sector by 0.33% today and has been on a downward trend for the last two days, accumulating a total loss of 2.78%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, with a drop of 58.61% compared to the 5-day average, suggesting a lack of investor interest. Year-to-date, the stock has fallen by 24.88%, contrasting sharply with the Sensex, which has gained 6.62% during the same period.
In the broader market context, Rajapalayam Mills' short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 1.30% over the past week compared to the stock's 2.62% drop. This underperformance highlights the stock's struggles in attracting investor confidence amidst a generally more favorable market environment. The absence of any positive factors in the provided data further emphasizes the challenges faced by the company, contributing to its declining stock price.