Why is Mayur Leather falling/rising?

As of 06-Nov, Mayur Leather Products Ltd is experiencing a decline in its stock price, currently at Rs 15.71, which represents a decrease of 1.52 or 8.82%. The stock has been underperforming, having fallen consecutively for the last two days with a total return decline of 10.48% during this period. Additionally, the stock's performance today has underperformed its sector by 8.91%. It touched an intraday low of Rs 15.7 and has shown lower trading volumes, with delivery volume dropping by 66.82% compared to the 5-day average. The stock is currently trading higher than its 200-day moving average but lower than its shorter-term moving averages, indicating a bearish trend.
In the broader market context, the stock's one-week return of -8.77% significantly contrasts with the Sensex's decline of only 1.30%, highlighting a notable underperformance relative to the benchmark. Over the past month, Mayur Leather has also declined by 4.32%, while the Sensex has increased by 1.86%. This suggests that investor sentiment towards Mayur Leather is weak compared to the overall market, contributing to its falling stock price. The lack of positive factors in the provided data further emphasizes the challenges the company is facing in the current market environment.