Why is Mayur Leather falling/rising?

As of 30-Jul, Mayur Leather Products Ltd is experiencing a decline in its stock price, currently at 18.66, which reflects a decrease of 0.28 or 1.48%. The stock has been on a downward trend, losing value for the past eight consecutive days, resulting in a total decline of 14.33% during this period. In comparison to the benchmark, the stock has underperformed, showing a 9.06% drop over the past week, while the Sensex has only decreased by 1.50%. Additionally, the stock's delivery volume has significantly decreased, falling by 90.94% against the five-day average, indicating a drop in investor participation. There is no information available regarding positive or negative factors affecting the stock.
Broader Market Context: The footwear sector, in which Mayur Leather operates, has also faced challenges, with a decline of 3.08%. While the stock has outperformed the benchmark over the longer term, with a 196.19% increase over three years compared to the Sensex's 41.53%, its recent performance suggests a struggle in the short term. The stock's performance over the last month shows an 8.62% decline, which is more severe than the Sensex's 2.54% drop, reinforcing the notion that Mayur Leather is facing specific challenges that are impacting its stock price negatively in the current market environment.