Why is Magenta Life falling/rising?

As of 11-Jul, Magenta Lifecare Ltd is experiencing a decline in its stock price, currently at 14.48, which reflects a decrease of 0.75 or 4.92%. The stock has underperformed its sector by 3.8% today and has shown erratic trading patterns, not trading on 5 out of the last 20 days. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has decreased by 4.92%, and its year-to-date performance shows a significant drop of 42.08%. The delivery volume has increased by 36.36% compared to the 5-day average, indicating rising investor participation, but overall, the stock's performance remains weak.
Broader Market Context: In comparison to the benchmark, the Sensex has only declined by 1.12% over the past week, highlighting that Magenta Lifecare's performance is significantly worse than the broader market. While the Sensex has shown a positive year-to-date return of 5.58%, Magenta Lifecare's substantial decline of 42.08% year-to-date underscores its struggles in the current market environment. This stark contrast suggests that investor sentiment towards Magenta Lifecare is notably negative, contributing to its ongoing price decline.