Why is Mah. Corporation falling/rising?

As of 03-Nov, Maharashtra Corporation Ltd's stock price is currently at 0.44, reflecting a decrease of 0.01 or 2.22%. The stock has been underperforming, having lost 6.38% over the past week and 16.98% over the past month. It has also experienced a consecutive decline for the last three days. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 46.46% against the 5-day average, the overall performance remains weak, as evidenced by the significant year-to-date decline of 45.00% compared to the Sensex's gain of 7.47%.
In the broader market context, Maharashtra Corporation's recent performance contrasts sharply with the benchmark Sensex, which has shown a slight decline of 0.94% over the past week. The stock's substantial underperformance relative to the benchmark over various periods, including a staggering 59.26% drop over three years compared to the Sensex's 38.04% gain, highlights its ongoing struggles. This persistent underperformance, coupled with the lack of available positive factors, suggests that investor sentiment remains negative, contributing to the stock's downward trajectory.