Why is MCON Rasayan falling/rising?

As of 06-October, MCON Rasayan India Ltd's stock price is currently at Rs 62.35, reflecting a decrease of Rs 2.65, or 4.08%. The stock has underperformed significantly, with a 1-week return of -7.77% and a 1-month return of -22.69%. It is also trading lower than all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, the stock is close to its 52-week low, being only 4.57% away from Rs 59.5. Despite a notable increase in delivery volume, which rose by 56.86% against the 5-day average, there are no available positive or negative factors to explain the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has shown a positive return of 1.80% over the past week, MCON Rasayan's performance has been notably poor. The stock's year-to-date return of -70.31% starkly contrasts with the Sensex's gain of 6.06%, indicating a significant underperformance in the broader market context. This divergence suggests that while the overall market is experiencing growth, MCON Rasayan is struggling to maintain investor confidence, contributing to its declining stock price.