Why is MCON Rasayan falling/rising?

As of 08-Oct, MCON Rasayan India Ltd is experiencing a decline in its stock price, currently at Rs. 58.00, which reflects a decrease of Rs. 2.0 or 3.33%. The stock has hit a new 52-week low of Rs. 57.5 today and has underperformed its sector by 2.28%. Over the past week, the stock has seen a significant drop of 14.20%, and year-to-date, it has plummeted by 72.38%. Despite a rise in investor participation, with delivery volume increasing by 150% against the 5-day average, the stock is trading below all its moving averages, indicating persistent weakness. There is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.84% over the past week, MCON Rasayan's performance has been notably poor. The stock's year-to-date decline of 72.38% starkly contrasts with the Sensex's increase of 5.93%, highlighting a significant underperformance. This disparity suggests that while the broader market is experiencing growth, MCON Rasayan is struggling to attract investor confidence, contributing to its falling stock price.