Why is Manoj Ceramic falling/rising?

As of 28-Aug, Manoj Ceramic Ltd is experiencing a decline in its stock price, currently at Rs 114.00, which reflects a decrease of Rs 2.5 or 2.15%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a significant decline of 13.14% over the past week and 23.90% over the past month. Today's trading saw the stock open with a loss of 6.87% and reach an intraday low of Rs 108.35. Additionally, it is trading below all key moving averages, indicating a bearish trend. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 179.57% against the five-day average, suggesting some interest in the stock despite its recent poor performance.
In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark Sensex, which has only declined by 2.34% over the past week. This stark contrast highlights the stock's struggles relative to the overall market. Year-to-date, Manoj Ceramic has seen a decline of 41.60%, while the Sensex has gained 2.48%, further emphasizing the stock's underperformance. Overall, the combination of consecutive price falls, poor returns compared to the benchmark, and the stock trading below its moving averages contribute to the current downward trend in Manoj Ceramic's stock price.