Why is Madhusudan Sec. falling/rising?

As of 06-Nov, Madhusudan Securities Ltd is experiencing a decline in its stock price, currently at Rs 23.87, reflecting a decrease of Rs 1.12 or 4.48%. The stock has underperformed its sector by 3.65% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 6.79% over the past week. Today, the stock opened significantly lower with a gap down of 5.96%, reaching an intraday high of Rs 25.8 but also touching a low of Rs 22.5, indicating high volatility with a range of Rs 3.3. While the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Additionally, there has been a notable increase in delivery volume, which rose by 71.65% against the 5-day average, suggesting rising investor participation, although the overall sentiment remains negative.
In the broader market context, Madhusudan Securities Ltd's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.30% over the past week. The stock's year-to-date performance shows a significant drop of 12.76%, while the Sensex has gained 6.62% during the same period. This underperformance is further highlighted by the stock's 1-year return of -20.43% compared to the Sensex's positive return of 3.65%. The current market conditions and the stock's recent volatility indicate a challenging environment for Madhusudan Securities Ltd, contributing to its declining price trend.