Why is Shahlon Silk falling/rising?

As of 25-Jul, Shahlon Silk Industries Ltd is experiencing a decline in its stock price, currently at 19.06, down by 0.24 or 1.24%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 2.76%. Over the past week, the stock has decreased by 6.43%, while its performance over the last month shows a slight increase of 0.37%. However, the stock's year-to-date return is down by 5.64%, and it has significantly underperformed over the past year with a drop of 24.27%. The company has seen a decrease in delivery volume by 77.01% compared to the five-day average, indicating reduced investor participation. Although institutional investors have increased their stake by 1.76% in the last quarter, the overall sentiment remains weak due to declining profits and a high Debt to EBITDA ratio.
In the broader market context, the Sensex has shown a minor decline of 0.36% over the past week, which is less severe than Shahlon Silk's performance. While the textile sector has also fallen by 2.96%, Shahlon Silk's recent performance indicates a more pronounced weakness. The company's long-term fundamentals are concerning, with a negative CAGR growth in net sales over the last five years and low profitability reflected in its Return on Equity. Despite trading at a discount compared to its peers, the stock's significant drop in net sales and earnings per share in the latest quarter suggests that investors are cautious, contributing to the stock's downward trend.