Why is Manoj Ceramic falling/rising?

As of 06-Oct, Manoj Ceramic Ltd is experiencing a decline in its stock price, currently at Rs. 94.75, which represents a decrease of 4.95 (-4.96%). The stock has hit a new 52-week low today and has been on a downward trend, losing value for the past five consecutive days, resulting in a total decline of 20.78% during this period. Additionally, the stock has underperformed its sector by 4.29% today. Over the past week, the stock has decreased by 16.63%, and year-to-date, it has fallen by 51.46%, indicating significant underperformance compared to the Sensex, which has gained 4.67% during the same timeframe. There is a notable increase in investor participation, with delivery volume rising by 190.32% against the five-day average, suggesting some interest despite the overall negative performance.
Broader Market Context: The broader market, represented by the Sensex, has shown positive returns, contrasting sharply with Manoj Ceramic's significant declines. While the Sensex has increased by 1.77% over the past week and 4.67% year-to-date, Manoj Ceramic's substantial losses highlight a stark divergence in performance. This discrepancy indicates that while the overall market sentiment may be improving, Manoj Ceramic is facing specific challenges that are negatively impacting its stock price. The stock's trading below all major moving averages further emphasizes its weak position relative to the market, reinforcing the notion that it is not currently aligned with broader market trends.