Why is Magenta Life falling/rising?

As of 18-Sep, Magenta Lifecare Ltd is experiencing a decline in its stock price, currently at Rs 14.30, which reflects a decrease of Rs 2.2 or 13.33%. The stock has underperformed significantly today, falling after ten consecutive days of gains, and opened with a loss of 13.33%. It has touched an intraday low of Rs 14.30 and has not shown any range in trading, remaining at this price. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past month, the stock has dropped by 13.33%, and year-to-date, it has decreased by 42.80%. There is a slight positive note with rising investor participation, as delivery volume increased by 25% against the 5-day average, but overall, the stock's performance remains weak.
In the broader market context, the Sensex has shown a positive return of 1.80% over the past week and 2.14% over the past month, contrasting sharply with Magenta Lifecare's negative returns. The stock's year-to-date performance is significantly worse than the Sensex, which has gained 6.24% during the same period. This stark difference highlights the stock's struggles relative to the broader market, further emphasizing its underperformance. The lack of available positive or negative dashboard data does not provide additional insights into specific factors influencing the stock's recent movement.