Why is Shine Fashions falling/rising?

As of 27-Oct, Shine Fashions (India) Ltd is experiencing a decline in its stock price, currently at Rs 45.85, which represents a decrease of Rs 3.14 or 6.41%. The stock has underperformed its sector by 6.59% today and has been on a downward trend for the last two days, accumulating a total drop of 6.43% during this period. Although the stock opened with a gain of 3.57% and reached an intraday high of Rs 50.74, it ultimately fell to its current low. The stock's performance over the past week shows a decline of 2.47%, and over the past month, it has decreased by 7.56%. Additionally, the stock has shown high volatility today, with an intraday volatility of 5.05%, and a significant drop in investor participation, as evidenced by a 70.59% decrease in delivery volume compared to the 5-day average.
In the broader market context, the Sensex has shown a positive return of 0.49% over the past week and 5.41% over the past month, contrasting sharply with Shine Fashions' negative returns during the same periods. Year-to-date, the stock has declined by 6.10%, while the benchmark has increased by 8.50%. This underperformance relative to the benchmark indicates that investor sentiment towards Shine Fashions is weak, particularly in light of the recent consecutive falls and declining trading volumes. The stock's current price is also below its longer-term moving averages, further suggesting a bearish trend in the market perception of the company.