Why is Sabar Flex India falling/rising?

As of 24-Jun, Sabar Flex India Ltd is experiencing a decline in its stock price, currently at Rs. 4.20, which represents a decrease of Rs. 0.2 or 4.55%. The stock has hit a new 52-week and all-time low today, indicating significant downward pressure. In terms of performance, Sabar Flex India has underperformed its sector by 4.41%. The stock's returns over various periods are concerning, with a 1-week decline of 21.50%, a 1-month drop of 44.00%, and a year-to-date decrease of 72.55%. Additionally, it is trading below all key moving averages, which suggests a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 84.78% against the 5-day average, the absence of any positive factors in the dashboard indicates a lack of supportive news or developments to counteract the negative sentiment.
Broader market context shows that while the Sensex has gained 0.77% over the past week and month, Sabar Flex India has significantly lagged behind, highlighting its poor performance relative to the broader market. The stock's year-to-date performance of -72.55% starkly contrasts with the Sensex's gain of 5.92%, further emphasizing its struggles. This disparity suggests that investor sentiment towards Sabar Flex India is particularly weak, compounded by its substantial losses over the past year, where it has fallen by 80.09% compared to the Sensex's 6.40% increase. The liquidity of the stock appears adequate for trading, but the overall negative performance metrics indicate a challenging environment for Sabar Flex India Ltd.