Why is Maha Rashtra Apx falling/rising?

As of 17-Sep, Maha Rashtra Apex Corporation Ltd is experiencing a decline in its stock price, currently at Rs. 101.05, which reflects a decrease of Rs. 0.95 or 0.93%. The stock has hit a new 52-week low of Rs. 98.05 today and has underperformed its sector by 0.87%. 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 week, the stock has decreased by 0.69%, and it has shown significant declines over longer periods, with a year-to-date drop of 31.77% and a one-year decline of 42.16%. There is also a notable decrease in investor participation, with delivery volume falling by 51.06% compared to the 5-day average, suggesting reduced interest in the stock.
In the broader market context, the Sensex has increased by 1.56% over the past week and has shown a positive return of 5.83% year-to-date, contrasting sharply with Maha Rashtra Apex's poor performance. This divergence indicates that while the overall market is experiencing gains, Maha Rashtra Apex is struggling significantly. The lack of available positive factors in the dashboard further emphasizes the challenges the company faces in attracting investor confidence amidst a generally favorable market environment.