Why is Asit C Mehta Fin falling/rising?

As of 04-Nov, Asit C Mehta Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 122.00, which reflects a decrease of Rs 9.0 or 6.87%. The stock has underperformed its sector by 5.88% today and has been on a downward trend, losing value for the past two days with a total decline of 6.94%. Additionally, the stock has traded at a wide range, touching an intraday low of Rs 117.9, and has shown high volatility with an intraday volatility of 5.26%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 67.42% compared to the 5-day average.
In the broader market context, the stock's performance over the past week shows a decline of 9.53%, while the benchmark Sensex has only decreased by 1.38%. Over the past month, the stock has fallen by 14.33%, contrasting with a 2.77% increase in the Sensex. Year-to-date, Asit C Mehta Financial Services Ltd has seen a decline of 17.29%, while the Sensex has gained 6.81%. This stark difference highlights the stock's underperformance relative to the broader market, contributing to the negative sentiment surrounding it.