Why is Soma Textiles falling/rising?

As of 01-Jul, Soma Textiles & Industries Ltd is experiencing a decline in its stock price, currently at Rs 42.70, which reflects a decrease of Rs 1.57 or 3.55%. The stock has underperformed its sector by 2.91% today, following a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 42.6, indicating a significant drop of 3.77%. Additionally, the stock has shown a negative performance over the past week and month, with declines of 1.84% and 5.34%, respectively. Despite a strong long-term performance, including a 26.71% return over the past year, recent trading activity has seen a sharp decline in investor participation, with delivery volume dropping by 60.41% compared to the five-day average.
In the broader market context, the Sensex has increased by 2.00% over the past week and 2.76% over the past month, contrasting with Soma Textiles' negative returns during the same periods. This suggests that while the overall market is performing well, Soma Textiles is lagging behind. The stock's moving averages indicate it is currently lower than the 5-day, 20-day, 50-day, and 200-day averages, which may further contribute to investor caution. Although the company has a strong long-term performance and is held by majority shareholders, the recent underperformance and declining trading volume may be influencing the current downward trend in its stock price.