Why is Sai Silks falling/rising?

As of 08-Aug, Sai Silks (Kalamandir) Ltd is experiencing a decline in its stock price, currently at Rs 171.20, which reflects a decrease of Rs 4.8 or 2.73%. Today's price summary indicates that the stock underperformed its sector by 0.67%, with an intraday low of Rs 169, marking a drop of 3.98%. Despite being above the 20-day, 50-day, 100-day, and 200-day moving averages, it is below the 5-day moving average. The stock has shown a positive return of 8.87% over the past month, contrasting with the benchmark Sensex, which has fallen by 4.60% during the same period. However, there is a notable increase in investor participation, with delivery volume rising by 30.34% against the 5-day average, indicating some underlying interest despite the current price drop.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark, as it has a slight decline of 0.44% over the past week compared to the Sensex's decline of 0.92%. The retail sector, in which Sai Silks operates, has also faced challenges, falling by 2.16%. This sector-wide downturn may be contributing to the stock's current struggles, despite its positive performance over the longer term, such as an 8.59% increase over the past year. Overall, while the stock has shown resilience in certain periods, the recent price movement reflects a combination of sector challenges and immediate market conditions.