Why is Maha Rashtra Apx falling/rising?

As of 15-Sep, Maha Rashtra Apex Corporation Ltd is experiencing a decline in its stock price, currently at Rs 99.75, which reflects a decrease of Rs 3.0 or 2.92%. The stock has underperformed today, opening with a loss of 2.43% and touching an intraday low of Rs 99.3. It is also trading below all key moving averages, indicating a bearish trend. Over the past month, the stock has seen a significant decline of 10.58%, and year-to-date, it has dropped 32.65%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 37.65% compared to the 5-day average, which suggests waning interest among investors.
In the broader market context, the stock's performance over the past week shows a slight increase of 1.06%, but this is less than the benchmark Sensex, which rose by 1.24%. The stark contrast in longer-term performance is evident, as the stock has declined by 42.77% over the past year, while the Sensex has only decreased by 1.33%. This underperformance relative to the benchmark and the overall market sentiment, combined with the stock's proximity to its 52-week low, indicates a challenging environment for Maha Rashtra Apex Corporation Ltd, contributing to its current price decline.