Why is Subhash Silk falling/rising?

As of 24-Jul, Subhash Silk Mills Ltd is experiencing a decline in its stock price, currently at Rs 71.99, which reflects a decrease of Rs 4.42 or 5.78%. The stock opened with a significant loss of 4.89% today and reached an intraday low of Rs 69.04, marking a drop of 9.65%. Despite this downturn, the stock has shown strong performance over the past week and month, with returns of 9.04% and 8.34%, respectively. Additionally, it has outperformed the benchmark Sensex over the past year and three years, with returns of 193.24% and 367.47%. However, the stock underperformed its sector today by 5.8%, and the weighted average price indicates that more volume was traded closer to the low price. There is a notable increase in investor participation, with delivery volume rising by 131.84% against the 5-day average, suggesting some interest despite the current price drop.
In the broader market context, the Sensex has shown a slight decline of 0.09% over the past week and a modest gain of 0.16% over the past month, contrasting with Subhash Silk's positive returns during the same periods. Year-to-date, while the stock has underperformed with a decline of 1.50%, the benchmark has gained 5.18%. This indicates that the recent price drop may be more influenced by stock-specific factors rather than broader market trends, as the overall market remains relatively stable. The liquidity of the stock is adequate for trading, which may provide some support for future price movements.