Why is MCON Rasayan falling/rising?

As of 15-Jul, MCON Rasayan India Ltd's stock price is currently at Rs 105.00, reflecting an increase of Rs 1.95, or 1.89%. The stock has shown a mixed performance recently, with a 1-week return of +0.96%, indicating a slight recovery compared to the previous week, while it has declined by 4.55% over the past month. The stock is currently 4.67% away from its 52-week low of Rs 100.1. However, it is noteworthy that the stock has underperformed significantly year-to-date, with a decline of 50.00%. Additionally, the delivery volume has decreased by 37.5% against the 5-day average, suggesting a drop in investor participation, which could be a negative factor impacting the stock's recent movement.
In the broader market context, MCON Rasayan's recent performance contrasts with the Sensex, which has seen a decline of 1.28% over the past week. While the stock has outperformed its sector by 1.92% today, its year-to-date performance is starkly negative compared to the Sensex's positive return of 6.56%. This indicates that despite a slight uptick in price, the overall sentiment around MCON Rasayan remains weak, particularly given its significant losses over the year and the declining investor interest.