Why is Sai Silks falling/rising?

As of 16-Sep, Sai Silks (Kalamandir) Ltd is experiencing a decline in its stock price, currently at Rs 163.85, which represents a decrease of 5.05 or 2.99%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 6.45% over that period. Today's trading saw the stock reach an intraday high of Rs 172.45 but also dip to a low of Rs 162.4. Additionally, the stock's performance has been weak compared to the sector, underperforming by 4.01%. Despite positive financial results in the last six months, including a 41.34% growth in PAT and a 24.07% increase in net sales, the stock's year-to-date return is down 3.33%, and it has generated a return of -11.74% over the past year.
In the broader market context, the Sensex has shown a positive return of 1.58% over the past week and 2.21% over the past month, contrasting with Sai Silks' negative performance. The stock's liquidity appears sufficient for trading, but there has been a notable decline in investor participation, with delivery volume dropping by 13.99% against the five-day average. While the company maintains a low debt-to-equity ratio and attractive valuation metrics, these factors have not been enough to counteract the recent downward trend in stock price, indicating that broader market conditions and investor sentiment may be influencing the stock's performance negatively.