Why is Sanrhea Tech. falling/rising?

As of 24-Sep, Sanrhea Technical Textile Ltd is experiencing a decline in its stock price, currently at Rs 141.00, which reflects a decrease of Rs 12.0 or 7.84%. The stock has underperformed its sector by 7.41% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 8.41% during this period. It opened with a loss of 5.33% and reached an intraday low of Rs 138, indicating significant selling pressure. Despite having a high management efficiency and a strong ability to service debt, the stock's performance has been negatively impacted by a flat quarterly result, with net sales falling by 5.2% compared to the previous four-quarter average. Additionally, while there has been a rise in promoter confidence with a 3.46% increase in stake, the stock's year-to-date return remains down by 21.23%, and profits have decreased by 14.7% over the past year.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 1.18% over the past week, while Sanrhea's stock has gained 0.21% in the same timeframe. However, the stock's year-to-date performance is significantly worse than the Sensex, which has increased by 4.58%. This disparity highlights the challenges faced by Sanrhea Technical Textile Ltd in maintaining investor confidence and market performance, despite some positive indicators such as rising promoter stakes and operational growth. The overall liquidity has also decreased, with a notable drop in delivery volume, further contributing to the stock's downward trajectory.