Why is MCON Rasayan falling/rising?

As of 03-Nov, MCON Rasayan India Ltd is experiencing a price increase, with its current price at 74.00, reflecting a change of 2.0 or 2.78% upward. The stock has shown a mixed performance in recent periods, with a notable decline of 7.44% over the past week, while it has gained 13.85% over the last month. Today's performance indicates that it has outperformed its sector by 2.83%. However, the stock's delivery volume has significantly decreased by 53.49% compared to the 5-day average, suggesting a decline in investor participation. Additionally, while the stock is above its 20-day and 50-day moving averages, it remains below the 5-day, 100-day, and 200-day moving averages, indicating some volatility in its price trends.
In the broader market context, MCON Rasayan's recent performance contrasts with the benchmark Sensex, which has only declined by 0.78% over the past week and gained 3.49% over the past month. This indicates that while MCON Rasayan has seen a short-term increase, it has underperformed relative to the benchmark in the recent week. Furthermore, the year-to-date performance shows a significant decline of 64.76% for MCON Rasayan compared to a positive 8.96% for the Sensex, highlighting the challenges the company faces in the broader market environment.