Why is M M Rubber falling/rising?

As of 03-Nov, M M Rubber Co Ltd is experiencing a decline in its stock price, currently at Rs 95.07, which reflects a decrease of Rs 2.43 or 2.49%. The stock has underperformed its sector by 4.29% today and has been on a downward trend for the last two days, with a total decline of 3.18% during this period. Additionally, the stock reached an intraday low of Rs 93, indicating a significant drop of 4.62%. Despite having positive returns over the past month (+17.66%) and year-to-date (+7.29%), the stock has shown a negative performance over the last three years (-11.07%), which may contribute to investor concerns. There has also been a notable decrease in investor participation, with delivery volume falling by 78.73% compared to the five-day average, suggesting reduced interest in trading the stock.
In the broader market context, M M Rubber's short-term performance over the past week shows a decline of 0.45%, which is better than the benchmark Sensex's drop of 0.94%. However, the stock's recent struggles, including consecutive losses and lower trading volumes, may indicate a lack of confidence among investors. While the stock has outperformed the benchmark over the past month and year-to-date, the current downward momentum and falling investor participation could be causing apprehension in the market, leading to the recent price decline.