Why is Zenith Fibres falling/rising?

As of 28-Aug, Zenith Fibres Ltd is experiencing a decline in its stock price, currently at Rs 67.00, reflecting a decrease of Rs 0.17 or 0.25%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 2.97% over the past week. Additionally, it is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. The stock is also close to its 52-week low, being just 4.46% away from Rs 64.01. Despite a rise in delivery volume by 52.66% on August 26, which suggests increased investor participation, the overall performance remains negative, with a year-to-date decline of 15.72% compared to a positive return of 2.48% for the benchmark Sensex.
In the broader market context, Zenith Fibres' short-term performance has been weaker than the benchmark, as it has declined by 2.97% over the past week while the Sensex has only decreased by 2.34%. Over the past month, the stock has also underperformed, with a drop of 3.76% compared to the Sensex's decline of 1.00%. This trend of underperformance is further highlighted by the stock's significant year-over-year decline of 22.98%, contrasting sharply with the Sensex's slight decrease of 2.08%. Overall, the combination of consecutive price falls, poor relative performance against the benchmark, and trading below moving averages contributes to the stock's current downward trajectory.