Why is Martin Burn falling/rising?

As of 29-Oct, Martin Burn Ltd's stock price is currently at Rs 57.72, reflecting a decline of Rs 3.96 or 6.42%. The stock has underperformed its sector today by 7.15%, indicating a challenging trading environment. It experienced significant volatility, with an intraday high of Rs 63 and a low of Rs 56.51, showcasing a wide trading range of Rs 6.49. Additionally, the stock has been trading below its moving averages across various time frames, which suggests a bearish trend. Over the past month, the stock has decreased by 3.80%, and year-to-date, it has fallen by 29.99%. Notably, there has been a rise in investor participation, with delivery volume increasing by 84.33% against the 5-day average, which may indicate some interest despite the overall decline.
In the broader market context, the Sensex has shown a positive return of 0.68% over the past week and 5.76% over the past month, contrasting sharply with Martin Burn's negative performance. This divergence highlights the stock's struggles relative to the benchmark index, particularly as it has underperformed significantly in both the short-term and year-to-date comparisons. The broader market's positive momentum may not be benefiting Martin Burn, which is experiencing a downturn despite increased trading activity. The lack of positive factors in the dashboard further emphasizes the challenges the company faces in the current market environment.