Why is Suryalak. Cott. falling/rising?

As of 13-Oct, Suryalakshmi Cotton Mills Ltd is experiencing a decline in its stock price, currently at Rs 60.44, which represents a decrease of 2.51 or 3.99%. The stock has underperformed its sector by 3.61% today and has touched an intraday low of Rs 60.44. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also seen a significant drop in investor participation, with delivery volume falling by 69.86% compared to the 5-day average. Over the past year, the stock has declined by 31.50%, while its year-to-date performance shows a drop of 28.94%, suggesting ongoing challenges for the company.
In the broader market context, the Sensex has shown a positive return of 0.66% over the past week, contrasting sharply with Suryalakshmi Cotton Mills Ltd's decline of 4.44% during the same period. This underperformance highlights the stock's weakness relative to the overall market. The company's long-term performance also reflects struggles, with a 3-year return of -1.88% compared to the Sensex's impressive 43.84% gain. The lack of available positive factors further emphasizes the challenges faced by the stock, contributing to its downward trajectory in a generally stable market environment.