Why is MCON Rasayan falling/rising?

As of 30-Oct, MCON Rasayan India Ltd is experiencing a decline in its stock price, currently at 69.50, which reflects a decrease of 2.95 or 4.07%. The stock has underperformed its sector by 3.51% today, and while it is higher than the 20-day moving average, it remains lower than the 5-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 5.31%, and year-to-date, it has seen a significant drop of 66.90%. Despite a recent increase in delivery volume by 21.95% against the 5-day average, the overall performance remains weak, indicating a challenging environment for the stock.
In the broader market context, the Sensex has shown a slight decline of only 0.05% over the past week, contrasting with MCON's more substantial drop. Over the past month, while MCON has gained 2.81%, it still lags behind the Sensex, which has increased by 5.15%. The stark difference in year-to-date performance, with MCON down 66.90% compared to the Sensex's gain of 9.44%, highlights the stock's struggles relative to the overall market. This underperformance, coupled with the lack of available positive or negative factors, suggests that investor sentiment may be cautious, contributing to the stock's recent decline.