Why is MCON Rasayan falling/rising?

As of 04-Aug, MCON Rasayan India Ltd is experiencing a decline in its stock price, currently at Rs. 81.70, which represents a decrease of Rs. 4.3 or 5.0%. The stock has hit a new 52-week low today and has underperformed its sector by 5.61%. It has been on a downward trend for the last four days, accumulating a total decline of 15.51% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a significant drop of 13.09%, and it has fallen 25.46% over the past month, while year-to-date returns are down by 61.10%. There is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, the Sensex has shown a slight increase of 0.17% over the past week, contrasting with MCON Rasayan's significant decline. While the benchmark has gained 4.56% year-to-date, MCON Rasayan's performance has been notably poor, highlighting a stark divergence between the stock and the overall market. The stock's recent liquidity, indicated by a rise in delivery volume, suggests some investor interest, but this has not translated into positive price movement, further emphasizing the stock's struggles in comparison to the benchmark.