Why is Shine Fashions falling/rising?

As of 05-Sep, Shine Fashions (India) Ltd is experiencing a decline in its stock price, currently at Rs 49.90, which represents a decrease of Rs 3.1 or 5.85%. Today's price summary indicates that the stock underperformed its sector by 6.38% and opened with a significant loss of 7.36%, reaching an intraday low of Rs 49.1. Although the stock has shown strong performance over the longer term, with a 1-year return of 27.13% and a staggering 867.05% over the past 3 years, it has faced a 2.06% decline over the past month. The stock's trading has been erratic, with it not trading on one day out of the last 20 days, and while it has higher prices than the 100-day and 200-day moving averages, it remains lower than the 5-day, 20-day, and 50-day moving averages. There is a noted increase in investor participation, with delivery volume rising by 23.19% against the 5-day average, indicating some interest despite the current price drop.
In the broader market context, Shine Fashions has outperformed the Sensex over the past week, with a return of 1.63% compared to the benchmark's 1.13%. However, the stock's performance over the past month is concerning, as it has declined while the Sensex remained flat at 0.00%. This divergence suggests that while the stock has had periods of strong performance, recent trading conditions and sector underperformance may be contributing to the current decline. The liquidity of the stock appears adequate for trading, but the overall negative sentiment reflected in today's price movement indicates challenges that may be affecting investor confidence.