Why is M M Rubber falling/rising?

As of 07-Nov, M M Rubber Co Ltd is experiencing a decline in its stock price, currently at Rs 86.02, which reflects a decrease of Rs 8.77 or 9.25%. The stock has been underperforming, having lost 9.42% over the past two days and showing a significant intraday low of Rs 83, marking a drop of 12.44%. Additionally, the stock's performance over the past week has been notably poor, with a return of -11.77%, while its year-to-date performance stands at -2.92%. The stock has also seen a considerable drop in investor participation, with delivery volume falling by 49.76% compared to the five-day average, indicating reduced interest from investors.
In the broader market context, the Sensex has only decreased by 0.86% over the past week, suggesting that M M Rubber's decline is more pronounced than the overall market trend. While the rubber products sector has gained by 2.94%, M M Rubber's performance contrasts sharply with this positive movement, highlighting its struggles. The stock's volatility has been high, with an intraday volatility of 6.72%, and it is currently trading below its short-term moving averages, which may further contribute to investor concerns. Overall, the combination of significant recent losses, reduced trading volume, and high volatility indicates a challenging environment for M M Rubber Co Ltd.