Why is MCON Rasayan falling/rising?

As of 27-Jun, MCON Rasayan India Ltd is experiencing a decline in its stock price, currently at Rs. 102.00, which reflects a decrease of Rs. 0.6 or 0.58%. The stock has underperformed significantly, with a 52-week low of Rs. 100.1 hit today. Over the past week, the stock has decreased by 4.45%, and it has seen a substantial drop of 30.73% over the past month. Additionally, MCON Rasayan is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a notable increase in delivery volume by 364.29% against the 5-day average, the overall performance remains weak, and there are no positive factors available to counterbalance the negative trends.
In the broader market context, MCON Rasayan's performance contrasts sharply with the benchmark Sensex, which has increased by 2.09% over the past week and 3.27% over the past month. The stock has underperformed the sector by 3.57% today, indicating a lack of investor confidence compared to the overall market. Year-to-date, MCON Rasayan has plummeted by 51.43%, while the Sensex has gained 8.43%, further illustrating the stock's struggles in a generally rising market.