Why is Salona Cotspin falling/rising?

As of 11-Aug, Salona Cotspin Ltd. is currently priced at 233.55, reflecting a decline of 1.45, or 0.62%. The stock has been underperforming, having lost 10.52% over the past week and 17.21% over the past month. It has also been on a consecutive downward trend for the last five days. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. While there has been a notable increase in investor participation, with delivery volume rising by 44.34% against the 5-day average, the overall performance remains weak, and no positive or negative factors were provided to further clarify the stock's recent movements.
Broader market context shows that while Salona Cotspin has experienced a significant decline of 15.62% year-to-date, the benchmark Sensex has gained 3.15% in the same period. This stark contrast highlights the stock's underperformance relative to the broader market. Additionally, the stock's 1-week and 1-month returns are considerably worse than the Sensex, which has only declined by 0.51% and 2.30%, respectively. This suggests that the challenges faced by Salona Cotspin are more pronounced than those affecting the overall market, contributing to its declining stock price.