Why is Sanathan Textile falling/rising?

As of 04-Aug, Sanathan Textiles Ltd is currently priced at 504.50, reflecting a slight decline of 0.1, or 0.02%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 1.87%. Over the past week, the stock has decreased by 3.14%, while it has shown a positive return of 2.77% over the past month. Despite its recent struggles, the company maintains a low debt-to-equity ratio of 0.06 and an attractive valuation with a return on equity of 9.5 and a price-to-book value of 2.3. Additionally, institutional investors have increased their stake in the company by 0.52% over the previous quarter, indicating growing confidence among more sophisticated investors.
In the broader market context, the Sensex has gained 0.16% over the past week, contrasting with Sanathan Textiles' decline, which highlights its underperformance relative to the benchmark. While the stock has shown a strong year-to-date return of 37.73%, the recent downturn may be attributed to short-term market pressures and the stock's performance against moving averages, where it is currently lower than the 5-day and 20-day averages. The increase in delivery volume by 700.24% on August 1 suggests rising investor participation, which could indicate potential for recovery, but the immediate trend remains negative as the stock struggles to maintain momentum.