Why is MCON Rasayan falling/rising?

As of 23-Jun, MCON Rasayan India Ltd is experiencing a decline in its stock price, currently at Rs. 105.00, which reflects a decrease of Rs. 1.75 or 1.64%. The stock has hit a new 52-week low of Rs. 101.45 today and has underperformed its sector by 1.85%. Over the past week, the stock has decreased by 4.55%, and its performance over the last month shows a significant drop of 29.65%. Additionally, MCON Rasayan is trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Furthermore, there has been a notable decline in investor participation, with delivery volume falling by 9.09% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, MCON Rasayan's short-term performance has been significantly worse than the benchmark, with the Sensex showing a slight increase of 0.10% over the past week. This stark contrast highlights the stock's struggles, particularly as it has declined by 50.00% year-to-date compared to the Sensex's gain of 5.61%. The overall market appears to be performing better, which may further exacerbate the challenges faced by MCON Rasayan as it continues to lag behind both its sector and the broader market.