Why is Rishi Techtex falling/rising?

As of 31-October, Rishi Techtex Ltd is experiencing a decline in its stock price, currently at Rs. 42.00, reflecting a decrease of Rs. 0.16 or 0.38%. The stock has recently hit a new 52-week low of Rs. 41 and has been on a downward trend, losing 4.42% over the last two days. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The stock's performance over the past week shows a significant decline of 6.08%, while its year-to-date performance is down 23.57%. There is also a noted decrease in investor participation, with delivery volume falling by 1.58% compared to the 5-day average.
In the broader market context, Rishi Techtex's short-term performance contrasts sharply with the benchmark Sensex, which has only declined by 0.32% over the past week. While the Sensex has shown a positive return of 3.65% over the past month, Rishi Techtex has underperformed significantly with a monthly decline of 11.37%. This divergence highlights the stock's struggles relative to the overall market, contributing to a negative sentiment among investors. The absence of any positive factors in the dashboard further emphasizes the challenges faced by the company in the current market environment.