Why is Maha Rashtra Apx falling/rising?

As of 04-Sep, Maha Rashtra Apex Corporation Ltd is experiencing a decline in its stock price, currently at Rs 102.25, which reflects a decrease of Rs 2.55 or 2.43%. The stock has underperformed its sector by 2.84% today and has fallen after three consecutive days of gains. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 2.2% away from Rs 100. The delivery volume has decreased by 1.33% compared to the 5-day average, suggesting a decline in investor participation.
In the broader market context, the stock's performance over the past week shows a decline of 2.76%, while the Sensex has increased by 0.80%. Over the past month, Maha Rashtra Apex has also underperformed, with a decrease of 2.53% compared to a slight decline of 0.37% in the benchmark. Year-to-date, the stock has dropped significantly by 30.96%, contrasting with a 3.30% rise in the Sensex. This stark difference highlights the challenges faced by Maha Rashtra Apex in the current market environment, contributing to its recent price decline.