Why is Max India Ltd falling/rising?

As of 23-Sep, Max India Ltd's stock price is currently at 205.90, reflecting a decrease of 0.1, or 0.05%. The stock has underperformed significantly today, with a performance that is 100.19% lower than its sector. Additionally, it 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 seen a substantial decline of 66.02% compared to the 5-day average, suggesting a decrease in investor participation. Over the past week, the stock has dropped by 5.57%, and year-to-date, it has fallen by 19.93%, while the 1-year return shows a decline of 10.57%. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, contrasting with Max India Ltd's more significant drop. While the benchmark has gained 5.07% year-to-date, Max India Ltd's performance has been notably poor in comparison, highlighting a divergence in performance between the stock and the broader market. This underperformance is further emphasized by the stock's negative returns over various periods, particularly in the short term, where it has lagged behind the benchmark significantly.