Why is Sabar Flex India falling/rising?

As of 20-Jun, Sabar Flex India Ltd's stock price is currently at Rs. 4.60, reflecting a decrease of Rs. 0.25, or 5.15%. The stock has hit a new 52-week and all-time low today, indicating significant downward pressure. It has underperformed its sector by 5.26% and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has seen a substantial decline of 22.03%, and it has dropped 36.99% over the past month. Year-to-date, the stock has plummeted by 69.93%, and it has experienced a staggering 78.40% decline over the past year. Although there has been a rise in investor participation, with delivery volume increasing by 75.68% against the 5-day average, the overall sentiment remains negative, and no positive factors are available to counterbalance this trend.
In the broader market context, the Sensex has shown resilience, gaining 1.59% over the past week and 1.74% over the past month, while Sabar Flex India has significantly lagged behind these benchmarks. The stark contrast between the stock's performance and the Sensex highlights the challenges faced by Sabar Flex India, as it continues to struggle amidst a generally positive market environment. The liquidity of the stock remains adequate for trading, but the prevailing negative sentiment and lack of positive developments contribute to its ongoing decline.