Why is Max India Ltd falling/rising?

As of 10-Sep, Max India Ltd is currently priced at 218.90, reflecting an increase of 1.9, or 0.88%. Despite this uptick in price today, the stock has underperformed its sector significantly, with a performance drop of 100.19%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased by 66.02% compared to the 5-day average, suggesting a decline in investor participation. Over the past week, the stock has fallen by 1.42%, while it has shown a positive return of 7.15% over the past month. However, year-to-date, it has dropped by 14.87%, and over the last year, it has decreased by 6.26%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, the Sensex has increased by 1.06% over the past week, contrasting with Max India Ltd's decline. While the stock has outperformed the benchmark over the last three years with a return of 182.90% compared to the Sensex's 36.18%, its year-to-date performance is notably weaker than the benchmark's gain of 4.21%. This disparity highlights the challenges Max India Ltd faces in the current market environment, despite its strong historical performance.