Why is Shahlon Silk falling/rising?

As of 28-Jul, Shahlon Silk Industries Ltd is experiencing a decline in its stock price, currently at 18.60, reflecting a decrease of 0.46 or 2.41%. The stock has underperformed its sector by 1.52% today and has been on a consecutive downward trend for the last three days, resulting in a total decline of 5.1% during this period. Over the past year, the stock has generated a return of -25.06%, significantly underperforming the broader market, which saw a decline of only 0.54%. Additionally, the stock's moving averages indicate a mixed performance, being higher than the 50, 100, and 200-day averages but lower than the 5 and 20-day averages. The recent drop in investor participation, with delivery volume falling by 80.47% compared to the 5-day average, further highlights the stock's current struggles.
In the broader market context, while the Sensex has shown a slight decline of 1.59% over the past week, Shahlon Silk's performance has been notably worse, with a 3.12% drop in the same timeframe. The company has seen an increase in institutional investor participation, which may provide some support; however, the overall sentiment remains negative due to weak long-term fundamentals, including a -8.04% CAGR growth in net sales over the last five years and a high Debt to EBITDA ratio of 5.35 times. The company's recent financial results, including a significant drop in net sales and the lowest EPS recorded, contribute to a bearish outlook, making it a strong sell despite its attractive valuation compared to peers.