Why is Mayur Leather falling/rising?

As of 29-Jul, Mayur Leather Products Ltd is experiencing a decline in its stock price, currently at 18.94, which reflects a decrease of 0.38 or 1.97%. The stock has been underperforming, having fallen consecutively for the last seven days, resulting in a total decline of 13.04% during this period. Additionally, the stock has underperformed its sector by 5.41% today. In terms of returns, over the past week, the stock has decreased by 9.51%, while it has seen a smaller decline of 2.62% over the past month. The stock is currently trading higher than its 50-day, 100-day, and 200-day moving averages, but lower than its 5-day and 20-day moving averages. There is a notable drop in investor participation, with delivery volume falling by 62.19% compared to the 5-day average, indicating reduced interest in trading the stock.
Broader market context shows that the Sensex has declined by only 1.03% over the past week and 3.24% over the past month, suggesting that Mayur Leather's performance is significantly lagging behind the broader market trends. While the footwear sector has gained by 3.24%, Mayur Leather's substantial drop indicates specific challenges faced by the company rather than a general market downturn. The lack of available positive or negative factors further complicates the understanding of the stock's recent movements, as there are no additional insights to clarify the reasons behind the ongoing decline.