Why is Veekayem Fash. falling/rising?

As of 04-Nov, Veekayem Fashion & Apparels Ltd is experiencing a decline in its stock price, currently at 259.20, which reflects a decrease of 27.9 or 9.72%. The stock has underperformed its sector by 8.64% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 82.14% compared to the 5-day average. Over the past week, the stock has decreased by 14.17%, while it has shown a year-to-date increase of 13.68%, indicating a mixed performance over different time frames.
In the broader market context, the Sensex has only declined by 1.31% over the past week, suggesting that Veekayem's recent performance is significantly worse than the overall market. While the stock has performed well over the long term, with a 568.90% increase over the past three years, its recent struggles indicate a potential loss of momentum. The absence of any positive factors to counterbalance the negative trends further exacerbates the stock's downward movement, highlighting the challenges it faces in the current market environment.