Why is Marco Cables falling/rising?

As of 08-Aug, Marco Cables & Conductors Ltd is experiencing a decline in its stock price, currently at 38.50, reflecting a decrease of 1.8 or 4.47%. The stock has underperformed its sector by 4.05% today and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a return of -7.23%, and over the past month, it has declined by 7.45%. Year-to-date, the stock has dropped significantly by 39.66%, while the one-year return stands at -28.37%. Notably, there has been a rise in investor participation, with delivery volume increasing by 127.27% against the 5-day average, indicating some interest despite the overall negative performance.
In the broader market context, the Sensex has shown a relatively stable performance with a slight decline of 0.82% over the past week and a modest increase of 3.04% year-to-date. This indicates that Marco Cables is underperforming compared to the benchmark index, which may contribute to investor sentiment regarding the stock. The significant drop in the stock's price, coupled with its poor performance relative to the market, suggests that investors are cautious, possibly due to the lack of positive factors available to counterbalance the negative trends observed in its recent performance.