Why is Sanrhea Tech. falling/rising?

As of 16-Sep, Sanrhea Technical Textile Ltd's stock price is currently at Rs 132.70, reflecting a decline of Rs 17.7 or 11.77%. The stock has been underperforming, having fallen consecutively for the last two days, with a total drop of 17.11% during this period. Today, it opened with a loss of 2.89% and has experienced significant volatility, trading within a wide range of Rs 23. Despite a recent 1-week return of 7.02% and a 1-month return of 7.36%, the stock has a year-to-date decline of 25.87% and has underperformed the broader market over the past year, generating a return of -17.06%. Factors such as high management efficiency, strong debt servicing ability, and rising promoter confidence indicate potential long-term strength; however, flat quarterly results and a recent decline in investor participation suggest underlying weaknesses.
In the broader market context, the stock's short-term performance has outpaced the Sensex, which has only increased by 1.58% over the past week. However, the significant year-to-date decline of 25.87% starkly contrasts with the Sensex's gain of 5.43%, highlighting the stock's struggles relative to the market. The company's recent challenges, including a drop in net sales and underperformance against benchmarks, contribute to a cautious outlook despite some positive indicators like increased promoter stake and attractive valuations compared to peers.