Why is Magenta Life falling/rising?

As of 23-Jun, Magenta Lifecare Ltd is experiencing a decline in its stock price, currently at 14.51, reflecting a decrease of 0.71 or 4.66%. The stock has underperformed significantly, with a 1-week return of -9.03% and a 1-month return of -13.53%. Additionally, it has shown a year-to-date decline of 41.96% and a staggering 73.81% drop over the past year. Today's trading performance indicates erratic trading patterns, as the stock did not trade on 4 out of the last 20 days. It is also trading below all key moving averages, which suggests a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 58.33% against the 5-day average, indicating a lack of interest from investors.
In the broader market context, the Sensex has shown a slight positive return of 0.12% over the past week and a 0.22% increase over the past month, contrasting sharply with Magenta Lifecare's negative performance. This divergence highlights the company's struggles relative to the overall market, which has been performing better. The liquidity of the stock is deemed sufficient for trading, but the significant underperformance against the benchmark and the declining investor interest suggest that the stock is facing challenges that are contributing to its downward price movement. There are no positive or negative factors available to provide further insights into the stock's recent performance.