Why is Manugraph India falling/rising?

As of 31-Oct, Manugraph India Ltd's stock price is currently at Rs 20.37, reflecting a decrease of Rs 1.07 or 4.99%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 6.77% during this period. Additionally, it opened with a loss of 3.17% today and reached an intraday low of Rs 20.37. Over the past week, the stock has seen a significant decline of 9.91%, while its year-to-date performance shows a decrease of 4.81%. Despite these negative movements, there has been a notable increase in investor participation, with delivery volume rising by 260.95% against the five-day average, indicating some interest in the stock despite its current downward trend. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 3.65% over the past month, Manugraph India Ltd has underperformed significantly with a decline of 11.40% in the same timeframe. This stark contrast highlights the stock's struggles relative to the broader market, particularly as the Sensex has shown resilience and growth while Manugraph India continues to face challenges. The stock's performance over the last year also reflects this trend, with a decline of 10.34% compared to the Sensex's increase of 5.73%, further emphasizing the difficulties faced by Manugraph India in the current market environment.