Why is Machino Plastics falling/rising?

As of 14-Oct, Machino Plastics Ltd is experiencing a decline in its stock price, currently at 360.20, which reflects a decrease of 7.15 or 1.95%. The stock has been underperforming recently, having lost 8.17% over the last four days. Today's performance indicates that it has underperformed its sector by 0.56%. Despite touching an intraday high of Rs 374.95 earlier in the day, the overall trend shows a significant drop in investor participation, with delivery volume falling by 74.41% compared to the five-day average. The stock's performance over the past month shows a strong gain of 28.60%, but the recent downturn contrasts sharply with its year-to-date increase of 48.11% and a remarkable three-year return of 180.64%.
In the broader market context, the Sensex has shown a slight increase of 0.13% over the past week, while Machino Plastics has declined by 6.48% in the same period. This indicates that the stock's recent struggles are not reflective of the overall market trend. The stock's liquidity remains adequate, but the falling investor participation suggests a lack of confidence among traders. Overall, while Machino Plastics has demonstrated strong long-term performance, the recent short-term declines and reduced trading activity are contributing to its current price drop.