Why is Victoria Mills falling/rising?

As of 12-Nov, Victoria Mills Ltd is experiencing a decline in its stock price, currently at Rs 6,111.00, which reflects a decrease of 161.1 points or 2.57%. The stock has underperformed its sector by 2.02% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.29% during this period. Although the stock opened with a gain of 3.47% and reached an intraday high of Rs 6,490, it also hit a low of Rs 6,050, indicating significant volatility. Furthermore, Victoria Mills is trading below all its moving averages, which suggests a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 171.08% against the 5-day average, the overall performance remains weak, as evidenced by the stock's year-to-date decline of 18.51% compared to the Sensex's gain of 8.10%.
In the broader market context, the stock's performance over the past week and month has been notably poor, with declines of 6.15% and 9.33%, respectively, while the Sensex has shown positive returns of 1.21% and 2.38% during the same periods. This stark contrast highlights the stock's underperformance relative to the benchmark index. Over the past year, Victoria Mills has also lagged behind the Sensex, with a decline of 18.53% compared to the index's increase of 7.36%. The combination of these factors indicates that while there may be some positive investor interest, the overall sentiment and performance metrics suggest a challenging environment for Victoria Mills Ltd.