Why is Mefcom Capital falling/rising?

As of 18-Sep, Mefcom Capital Markets Ltd is experiencing a decline in its stock price, currently at 14.81, which reflects a decrease of 0.34 or 2.24%. The stock has been underperforming, having lost 4.33% over the last three days and is trading below all key moving averages, indicating a bearish trend. Additionally, the stock's performance over the past month shows a significant decline of 8.24%, while year-to-date returns are down by 32.83%. There is also a notable decrease in investor participation, with delivery volume falling by 31.17% compared to the five-day average, which suggests reduced interest from investors.
In the broader market context, Mefcom's short-term performance has lagged behind the benchmark, with the Sensex gaining 1.80% over the past week compared to Mefcom's 1.44% increase. This underperformance is further highlighted by the stock's consecutive declines and its negative returns over the last month and year, contrasting sharply with the Sensex's positive performance. Overall, the combination of declining stock price, reduced trading volume, and poor relative performance against the benchmark indicates a challenging environment for Mefcom Capital Markets Ltd.