Why is Medico Remedies falling/rising?

As of 16-Oct, Medico Remedies Ltd is experiencing a decline in its stock price, currently at 48.46, which reflects a decrease of 0.63 or 1.28%. The stock has underperformed its sector by 1.53% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.56% during this period. Despite a strong performance over the past month with a 24.70% increase, the stock has shown a year-to-date decline of 10.97%. The stock's moving averages indicate that it is currently higher than the 20-day, 50-day, and 100-day averages but lower than the 5-day and 200-day averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 9.43% compared to the 5-day average, suggesting some interest despite the recent price drop.
In the broader market context, Medico Remedies' recent performance contrasts sharply with the Sensex, which has gained 1.58% over the past week. This indicates that while the stock has struggled, the overall market has been on an upward trajectory. The stock's year-to-date performance is notably weaker than the benchmark, which has risen by 6.82%. The lack of specific positive or negative factors in the dashboard limits the analysis of external influences on the stock's movement, but the recent underperformance relative to both the sector and the benchmark suggests that market sentiment may be weighing on Medico Remedies' stock price.