Why is Markolines Pavem falling/rising?

As of 07-Nov, Markolines Pavement Technologies Ltd is experiencing a decline in its stock price, currently at Rs 160.00, which reflects a decrease of Rs 1.65 or 1.02%. The stock has underperformed its sector by 1.14% today and has been on a consecutive fall for the last two days, resulting in a total drop of 3.24%. Although the stock opened with a gain of 2.07% and reached an intraday high of Rs 165, it has faced significant selling pressure, as indicated by a decrease in delivery volume by 37.4% compared to the 5-day average. Additionally, the stock's performance over the past week shows a decline of 3.56%, and it has underperformed the benchmark Sensex, which has increased by 1.57% over the same period.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has fallen 8.41% over the past month while the Sensex has gained 1.57%. Year-to-date, Markolines has seen a slight decline of 0.74%, while the Sensex has risen by 6.50%. The stock's moving averages indicate that it is currently above the 200-day moving average but below the shorter-term averages, suggesting a bearish trend in the near term. The overall liquidity remains adequate for trading, but the falling investor participation raises concerns about sustained interest in the stock, contributing to its recent price decline.