Why is Mayur Leather falling/rising?

As of 08-Aug, Mayur Leather Products Ltd is experiencing a decline in its stock price, currently at 16.23, which reflects a decrease of 0.33 or 1.99%. The stock has been underperforming significantly, having fallen for the last 15 consecutive days, resulting in a total decline of 25.48% during this period. Additionally, the stock has underperformed its sector by 4.83% today. In terms of returns, the stock has decreased by 9.48% over the past week and 35.26% over the past month, while it remains higher than its 100-day and 200-day moving averages but lower than its 5-day, 20-day, and 50-day moving averages. There is no information available regarding positive or negative factors that could influence the stock's movement.
Broader Market Context: The broader market, represented by the Sensex, has shown a decline of only 0.92% over the past week and 4.60% over the past month, indicating that Mayur Leather's performance is significantly worse than the market average. The footwear sector has gained by 3.17%, further highlighting Mayur Leather's struggles in comparison to its peers. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 98.69% against the 5-day average, suggesting reduced interest in trading the stock. Overall, the combination of poor stock performance, declining investor interest, and sector underperformance contributes to the ongoing decline in Mayur Leather's stock price.