Why is Suryalak. Cott. falling/rising?

As of 01-Aug, Suryalakshmi Cotton Mills Ltd is experiencing a decline in its stock price, currently at Rs 68.38, reflecting a decrease of Rs 2.13 or 3.02%. The stock has underperformed its sector by 0.27% today and has been on a consecutive downward trend for the last two days, accumulating a total drop of 3.79%. Over the past week, the stock has decreased by 5.03%, and year-to-date, it has fallen by 19.61%. Despite some positive long-term growth indicators, such as a 41.03% annual increase in operating profit and a significant rise in net sales, the stock's performance has been negatively impacted by a 30% decline in profits over the past year, contributing to its current downward trajectory. In the broader market context, the stock's short-term performance has been notably worse than the benchmark Sensex, which has only declined by 1.06% over the past week. The textile sector overall has also faced challenges, with a drop of 2.93%. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 60.32% compared to the five-day average, indicating reduced interest in trading the stock. While the stock is trading at a discount compared to its peers and has a favorable valuation, these factors have not been sufficient to counteract the recent negative trends in both the stock's performance and the broader market conditions.