Why is Marco Cables falling/rising?

As of 23-Oct, Marco Cables & Conductors Ltd is experiencing a decline in its stock price, currently at 40.85, which reflects a decrease of 0.65 or 1.57%. The stock has underperformed its sector today by 1.63%. Additionally, the stock's performance over the past week shows a slight decline of 0.61%, while it has gained 0.86% over the past month. However, the year-to-date performance is significantly negative at -35.97%, indicating a substantial drop in value compared to the benchmark Sensex, which has increased by 9.50% during the same period. The stock's moving averages indicate that it is currently higher than the 5-day, 20-day, and 50-day averages but lower than the 100-day and 200-day averages. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 45.65% against the 5-day average.
In the broader market context, the Sensex has outperformed Marco Cables over the past week and month, with returns of +1.20% and +2.87%, respectively. This suggests that while the market is generally moving upward, Marco Cables is lagging behind, contributing to its declining stock price. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts identified that could influence investor sentiment positively. The liquidity of the stock remains adequate for trading, but the significant drop in delivery volume may indicate waning interest among investors, reinforcing the downward pressure on the stock price.