Why is Vardhman Polytex falling/rising?

As of 15-Oct, Vardhman Polytex Ltd is experiencing a decline in its stock price, currently at 8.19, reflecting a decrease of 0.16 or 1.92%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 8.8% during this period. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The delivery volume has also significantly decreased, with a drop of 58.81% compared to the 5-day average, indicating a reduction in investor participation. There is no information available regarding positive or negative factors impacting the stock.
Broader Market Context: In the short term, Vardhman Polytex has outperformed the benchmark Sensex over the past week, gaining 1.61% compared to the Sensex's 1.02%. However, over the longer term, the stock has significantly underperformed, with a year-to-date decline of 31.75% against the Sensex's gain of 5.72%. This stark contrast in performance suggests that while there may be short-term fluctuations, the overall trend for Vardhman Polytex remains negative, contributing to the current downward pressure on its stock price.