Why is Sahaj Fashions falling/rising?

As of 24-Jul, Sahaj Fashions Ltd is experiencing a decline in its stock price, currently at 8.40, which reflects a decrease of 0.45 or 5.08%. The stock has underperformed significantly over various periods, with a 1-week return of -9.68% and a staggering 1-month return of -23.98%. Although today's performance indicates that it has outperformed its sector by 0.84%, the stock remains below its 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 9.09% against the 5-day average, indicating waning interest among investors.
In the broader market context, while the Sensex has shown resilience with a slight increase of 0.07% over the past month, Sahaj Fashions' year-to-date performance is particularly concerning, with a decline of 39.57% compared to the Sensex's gain of 5.99%. This stark contrast highlights the stock's struggles relative to the overall market. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts identified that could reverse the current downward trend.