Why is Makers Labs. falling/rising?

As of 10-Oct, Makers Laboratories Ltd is currently priced at Rs 128.00, reflecting a decline of Rs 4.1 or 3.1%. The stock has been on a downward trend, having lost 9.86% over the past week and 12.75% over the past month. It has also underperformed its sector by 4.33% today, with a significant drop in investor participation, as evidenced by an 88.98% decrease in delivery volume compared to the 5-day average. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. It is also close to its 52-week low, just 4.69% away from Rs 122.
In the broader market context, the Sensex has shown a positive return of 1.59% over the past week and 1.32% over the past month, contrasting sharply with Makers Laboratories' performance. This stark difference highlights the stock's struggle in the current market environment, where it has underperformed significantly against the benchmark indices. The overall market appears to be stable or growing, while Makers Laboratories is facing challenges that have led to its recent price decline.