Why is Vardhman Textile falling/rising?

As of 26-Aug, Vardhman Textiles Ltd is experiencing a decline in its stock price, currently at Rs 399.70, which reflects a decrease of Rs 14.65 or 3.54%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in an 8% decline over that period. Today's trading saw the stock touch an intraday low of Rs 396.75, and it is currently trading below all key moving averages. Additionally, the stock has generated a return of -19.33% over the past year, indicating a significant underperformance compared to the broader market. Despite a healthy long-term growth rate in operating profit and a strong ability to service debt, the stock's recent performance has been negatively impacted by flat quarterly results and a low debtors turnover ratio.
In the broader market context, Vardhman Textiles has underperformed the Sensex, which has only declined by 1.05% over the past week, while Vardhman has dropped by 8%. This stark contrast highlights the stock's struggles relative to the benchmark. The textile sector as a whole has also seen a decline of 2.54%, contributing to the negative sentiment surrounding Vardhman Textiles. Furthermore, a significant drop in investor participation, with delivery volume falling by 84% against the five-day average, suggests waning interest from investors, further exacerbating the stock's downward trajectory.