Why is Madhusudan Inds. falling/rising?

As of 15-Oct, Madhusudan Industries Ltd is experiencing a decline in its stock price, currently at Rs 37.99, which reflects a decrease of Rs 0.55 or 1.43%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.77% during this period. Additionally, it is trading below its moving averages across various time frames, indicating a bearish trend. The stock is also close to its 52-week low, being only 4.19% away from Rs 36.4. Furthermore, there has been a significant drop in investor participation, with delivery volume decreasing by 62.97% compared to the five-day average, suggesting a lack of interest from investors.
In the broader market context, Madhusudan Industries Ltd's performance has been notably weaker compared to the benchmark index, Sensex, which has gained 1.02% over the past week while the stock has declined by 1.35%. Over the past month, the stock has decreased by 9.55%, contrasting sharply with the Sensex's modest gain of 1.00%. Year-to-date, the stock has plummeted by 33.35%, while the Sensex has risen by 5.72%. This stark difference in performance highlights the challenges faced by Madhusudan Industries Ltd in attracting investor confidence amidst a generally positive market environment.