Why is Shiva Texyarn falling/rising?

As of 06-Oct, Shiva Texyarn Ltd's stock price is currently at Rs 179.00, reflecting a decline of Rs 12.95, or 6.75%. The stock has underperformed its sector by 6.19% today, opening with a loss of 5.47%. It reached an intraday low of Rs 179, indicating significant downward pressure. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Over the past week, the stock has decreased by 2.43%, and year-to-date, it has fallen by 17.53%. While there has been a slight increase in delivery volume, rising by 9.77% against the 5-day average, the overall sentiment appears negative, with no positive factors reported to counterbalance the decline.
In the broader market context, the Sensex has shown a positive return of 1.77% over the past week, contrasting sharply with Shiva Texyarn's negative performance. This divergence indicates that the stock is lagging behind the benchmark index, which may reflect broader investor sentiment favoring other sectors or companies. The stock's year-to-date performance of -17.53% further emphasizes its struggle compared to the Sensex's gain of 4.67% in the same period. Overall, the combination of poor stock performance relative to the market and lack of positive developments contributes to the ongoing decline in Shiva Texyarn's stock price.