Why is Manoj Ceramic falling/rising?

As of 15-Jul, Manoj Ceramic Ltd is experiencing a decline in its stock price, currently at Rs 142.80, which reflects a decrease of Rs 2.2 or 1.52%. The stock has been underperforming significantly, having lost 13.4% over the last six days and opened today with a loss of 4.93%. It also touched an intraday low of Rs 137.75, indicating a challenging trading environment. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 79.25% against the 5-day average, the overall performance remains weak, as indicated by the stock's returns of -12.79% over the past week and -34.19% over the past month.
In the broader market context, the Sensex has shown a relatively stable performance, with a slight decline of 1.36% over the past week and a positive return of 1.79% over the past month. This contrast highlights that while the market has been experiencing minor fluctuations, Manoj Ceramic Ltd has significantly underperformed against the benchmark. The year-to-date performance of the stock is also concerning, with a decline of 26.84% compared to the Sensex's gain of 5.67%. This disparity indicates that the challenges faced by Manoj Ceramic are specific to the company rather than reflective of the overall market conditions.