Why is Maha Rashtra Apx falling/rising?

As of 23-Sep, Maha Rashtra Apex Corporation Ltd is experiencing a decline in its stock price, currently at Rs 104.00, which reflects a decrease of 1.0 (-0.95%). The stock has underperformed its sector by 1.28% today and has fallen after three consecutive days of gains. Despite opening with a gain of 2.81% and reaching an intraday high of Rs 108, the stock's performance over the past month shows a decline of 1.61%, and a significant year-to-date drop of 29.78%. Additionally, while the stock is currently above its 5-day and 20-day moving averages, it remains below its 50-day, 100-day, and 200-day moving averages. The rising investor participation, indicated by a 71.82% increase in delivery volume, suggests some interest, but overall sentiment appears to be negative.
Broader Market Context: In comparison to the benchmark Sensex, which has shown a slight decline of 0.34% over the past week, Maha Rashtra Apex's performance of +1.96% indicates a stronger short-term return relative to the market. However, the stock's longer-term performance is concerning, with a year-over-year decline of 39.69% compared to the Sensex's drop of only 3.33%. This stark contrast highlights the challenges faced by Maha Rashtra Apex in maintaining investor confidence amidst broader market fluctuations.