Why is Scoobee Garments falling/rising?

As of 08-Oct, Scoobee Day Garments India Ltd is experiencing a decline in its stock price, currently at Rs 83.12, which reflects a decrease of Rs 2.25 or 2.64%. The stock has underperformed its sector by 2.71% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock is close to its 52-week low, being just 2.33% away from Rs 81.16. Over the past week, the stock has seen a return of -1.57%, and its year-to-date performance shows a significant decline of 40.03%. The delivery volume has also decreased by 55.08% compared to the 5-day average, indicating falling investor participation.
Broader Market Context: In contrast, the benchmark Sensex has gained 0.98% over the past week and shows a year-to-date increase of 4.65%. This stark difference highlights the underperformance of Scoobee Garments relative to the broader market. While the stock has faced a trend reversal after two days of gains, the overall market sentiment appears to be more positive, which may be contributing to the stock's decline as investors may be favoring other opportunities. The lack of positive factors in the dashboard further emphasizes the challenges the company faces in the current market environment.