Why is MCON Rasayan falling/rising?

As of 25-Sep, MCON Rasayan India Ltd is experiencing a decline in its stock price, currently at Rs. 61.65, which represents a decrease of 3.25 or 5.01%. The stock has hit a new 52-week low today and has underperformed its sector by 3.31%. Over the past week, MCON Rasayan has seen a significant drop of 17.91%, and its year-to-date performance is down by 70.64%. The stock is trading below all key moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 119.7% against the 5-day average, suggesting some interest despite the overall negative performance.
In the broader market context, MCON Rasayan's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 2.10% over the past week. This stark difference highlights the stock's significant underperformance relative to the market. Additionally, while the Sensex has shown a positive year-to-date return of 5.27%, MCON Rasayan's substantial losses indicate underlying issues specific to the company. Unfortunately, there are no positive or negative factors available to further clarify the reasons behind the stock's recent movement.