Why is Riba Textiles falling/rising?

As of 13-Oct, Riba Textiles Ltd is experiencing a decline in its stock price, currently at Rs 77.03, which represents a decrease of Rs 1.23 or 1.57%. The stock has underperformed its sector by 1.19% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.57% during this period. The stock reached an intraday high of Rs 81.37 but also saw a low of Rs 76.6. It is trading below all its moving averages, indicating a bearish trend. Additionally, while there has been a notable increase in delivery volume, rising by 119.81% against the 5-day average, the overall performance remains weak, with significant declines over the past week and month, showing a 2.85% and 8.30% drop respectively.
In the broader market context, Riba Textiles' short-term performance has been notably worse than the benchmark Sensex, which has gained 0.66% over the past week while Riba has lost 2.85%. Year-to-date, the stock has fallen by 27.28%, contrasting sharply with the Sensex's increase of 5.36%. This disparity highlights the stock's struggles in a generally positive market environment. The absence of any positive factors in the dashboard further emphasizes the challenges faced by Riba Textiles, contributing to the ongoing decline in its stock price.