Why is Sutlej Textiles falling/rising?

As of 26-Aug, Sutlej Textiles and Industries Ltd is experiencing a decline in its stock price, currently at Rs 37.34, reflecting a decrease of -0.69 or -1.81%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of -5.19% during this period. Today, it opened with a significant loss of -7.65%, reaching an intraday low of Rs 35.12. The stock has also been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock's performance over the past week shows a -5.42% return, while it has declined by -16.37% over the past month and -44.23% year-to-date, contrasting sharply with the Sensex, which has gained 3.39% in the same timeframe.
In the broader market context, Sutlej Textiles' recent performance has been notably weaker than the benchmark, with the stock underperforming the Sensex by -1.05% over the past week. The textile sector as a whole has also seen a decline of -2.54%, contributing to the negative sentiment surrounding Sutlej Textiles. Furthermore, there has been a decrease in investor participation, with delivery volume dropping by -13.98% compared to the 5-day average, suggesting reduced interest in the stock. This combination of factors, including the overall sector performance and declining investor engagement, has led to the stock's recent downward trajectory.