Why is Sabar Flex India falling/rising?

As of 23-Jun, Sabar Flex India Ltd's stock price is currently at Rs. 4.40, reflecting a decline of Rs. 0.2 or 4.35%. The stock has hit a new 52-week and all-time low today, indicating significant downward pressure. It has underperformed its sector by 4.83% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 6.98% compared to the 5-day average. The stock has experienced substantial declines over various periods, including a 71.24% drop year-to-date and a staggering 79.05% decline over the past year, which further underscores its poor performance.
In the broader market context, while the Sensex has shown a slight increase of 0.10% over the past week, Sabar Flex India has seen a significant decline of 21.43% in the same timeframe. This stark contrast highlights the stock's underperformance relative to the benchmark index. The overall market has been more resilient, with a modest gain of 5.61% year-to-date, while Sabar Flex India continues to struggle, reflecting broader issues specific to the company rather than the market as a whole.