Why is Madhucon Project falling/rising?

As of 18-Nov, Madhucon Projects Ltd is experiencing a decline in its stock price, currently at 6.65, which represents a decrease of 0.28 or 4.04%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 8.28% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a notable increase in delivery volume, which rose by 112.46% against the 5-day average, the overall performance remains weak, with the stock underperforming its sector by 3.69%. The year-to-date return shows a significant drop of 30.73%, and the one-year return is down by 39.55%, reflecting ongoing challenges for the company.
In the broader market context, while the Sensex has shown a positive return of 0.96% over the past week, Madhucon Projects Ltd has declined by 5.81% in the same timeframe, highlighting its underperformance relative to the benchmark. This trend continues over the past month and year, where the stock has consistently lagged behind the Sensex, which has gained 8.36% year-to-date and 9.48% over the past year. The lack of available positive or negative dashboard factors further complicates the outlook, as there are no specific catalysts identified that could reverse the current downward trajectory of the stock.