Why is Manoj Ceramic falling/rising?

As of 15-Oct, Manoj Ceramic Ltd is experiencing a decline in its stock price, currently at Rs 104.50, which reflects a decrease of Rs 5.5 or 5.0%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 8.81%. It opened the day with a loss of 4.55% and reached an intraday low of Rs 104.5. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also seen a significant drop of 78.54% compared to the 5-day average, indicating a decrease in investor participation.
In terms of broader market context, the stock's performance over the past week shows a slight increase of 1.21%, which is better than the Sensex's gain of 1.02%. However, over the past month, Manoj Ceramic has declined by 11.44%, contrasting sharply with the Sensex's modest increase of 1.00%. Year-to-date, the stock has plummeted by 46.47%, while the Sensex has risen by 5.72%. This stark difference highlights the challenges faced by Manoj Ceramic in the current market environment, contributing to its recent price decline.