Why is Sutlej Textiles falling/rising?

As of 06-Aug, Sutlej Textiles and Industries Ltd is experiencing a decline in its stock price, currently at Rs 39.90, which reflects a decrease of 1.82 (-4.36%). The stock has been underperforming, having fallen for the last two days with a total decline of 4.59% during this period. It has also touched an intraday low of Rs 39.6, indicating significant selling pressure. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 20.31% compared to the 5-day average, which could further contribute to the stock's downward movement. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Sutlej Textiles has underperformed relative to the benchmark Sensex, which has only declined by 1.15% over the past week compared to Sutlej's 7.70% drop. Over the past month, Sutlej has decreased by 5.67%, while the Sensex has fallen by 3.46%. Year-to-date, Sutlej's performance is significantly worse, with a decline of 40.40%, contrasting sharply with the Sensex's gain of 3.08%. This stark difference in performance highlights the challenges faced by Sutlej Textiles in the current market environment, particularly within the textile sector, which has also seen a decline of 2.07%.