Why is Visagar Polytex falling/rising?

As of 10-Nov, Visagar Polytex Ltd is experiencing a decline in its stock price, currently at 0.76, which represents a decrease of 0.02 or 2.56%. The stock has underperformed its sector by 2.23% today and has been on a consecutive downward trend for the last two days, accumulating a total loss of 5% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 3.79% compared to the 5-day average, suggesting a decline in investor participation. The stock has shown significant underperformance over various time frames, with a year-to-date decline of 26.92% compared to a 6.91% increase in the benchmark Sensex.
In the broader market context, Visagar Polytex's recent performance contrasts sharply with the benchmark, as it has fallen by 3.80% over the past week while the Sensex has only declined by 0.53%. Over the past month, the stock has decreased by 1.30%, whereas the Sensex has gained 1.25%. This stark difference highlights the stock's struggles relative to the overall market. The significant underperformance over the past year and three years, with declines of 28.30% and 39.20% respectively, further emphasizes the challenges Visagar Polytex is facing in attracting investor confidence compared to the positive returns of the benchmark.