Why is Maha Rashtra Apx falling/rising?

As of 13-Aug, Maha Rashtra Apex Corporation Ltd is currently priced at Rs 101.90, reflecting a slight increase of 0.2 (0.2%). The stock has recently gained after two consecutive days of decline, although it remains 1.86% away from its 52-week low. It has underperformed its sector by 0.71% today and is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has seen a significant drop in investor participation, with delivery volume falling by 62.99% compared to the 5-day average. Year-to-date, the stock has declined by 31.20%, and over the past year, it has dropped by 39.83%, contrasting sharply with the Sensex, which has gained 3.07% during the same period.
In the broader market context, the stock's short-term performance has been notably poor, with a 4.99% decline over the past week compared to a negligible change of -0.01% in the Sensex. This underperformance highlights the challenges faced by Maha Rashtra Apex Corporation Ltd in the current market environment. Despite the recent uptick in price, the overall trend and investor sentiment remain negative, as evidenced by the significant drop in trading volume and the stock's position relative to its moving averages.