Why is Mayur Leather falling/rising?

As of 12-Nov, Mayur Leather Products Ltd is experiencing a decline in its stock price, currently at 15.51, which represents a decrease of 0.98 or 5.94%. The stock has underperformed its sector today by 2.03%, and its performance over the past week shows a significant drop of 9.98%. Additionally, the stock has fallen 12.37% over the past month. Despite being higher than the 200-day moving average, it is lower than the 5-day, 20-day, 50-day, and 100-day moving averages. The footwear sector has also seen a decline of 3.7%, which may be contributing to the negative sentiment surrounding Mayur Leather. There is a notable increase in investor participation, with delivery volume rising by 339.31% against the 5-day average, indicating some interest despite the overall downward trend.
In the broader market context, the Sensex has increased by 1.21% over the past week and 2.38% over the past month, contrasting sharply with Mayur Leather's negative returns during the same periods. The stock's year-to-date performance is not available, but it has shown impressive growth over the last three years at 116.32%, significantly outperforming the Sensex's 36.69%. However, the recent downturn in both the stock and the footwear sector suggests that external market conditions are impacting Mayur Leather's performance, leading to its current decline.