Why is Zenith Fibres falling/rising?

As of 02-Sep, Zenith Fibres Ltd is currently priced at 66.26, reflecting a slight increase of 0.09 or 0.14%. Despite this minor uptick, the stock has been underperforming, as indicated by its performance today, which lagged behind the sector by 0.85%. The stock is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, the stock is close to its 52-week low, being only 3.4% away from Rs 64.01. The delivery volume has seen a significant decline, falling by 29.8% compared to the 5-day average, indicating reduced investor participation, which negatively impacts the stock's momentum.
In the broader market context, Zenith Fibres has experienced a 1-week return of -1.35%, which is worse than the benchmark Sensex's decline of 0.78%. Over the past month, the stock has dropped by 6.39%, while the Sensex has only decreased by 0.55%. Year-to-date, Zenith Fibres has seen a substantial decline of 16.65%, contrasting sharply with the Sensex's gain of 2.58%. This underperformance over various time frames highlights the challenges the company faces in attracting investor interest and maintaining price stability amidst a generally improving market.