Why is Mega Nirman falling/rising?

As of 23-Jun, Mega Nirman & Industries Ltd is experiencing a decline in its stock price, currently at 22.50, which reflects a decrease of 0.73 or 3.14%. The stock has underperformed its sector by 3.67% today and has been on a consecutive fall for the last two days, resulting in a total drop of 7.6% during this period. Additionally, the stock's delivery volume has significantly decreased by 59.88% compared to its 5-day average, indicating falling investor participation. Despite being higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages, suggesting recent weakness. The stock's performance over the past week shows a decline of 11.31%, while it has seen a positive return of 8.70% over the past month.
In the broader market context, the Sensex has shown a slight increase of 0.12% over the past week and 0.22% over the past month, indicating that the overall market sentiment is relatively stable. However, Mega Nirman's recent performance contrasts sharply with the benchmark, as it has significantly lagged behind, particularly in the short term. Year-to-date, the stock has outperformed the Sensex with a return of 11.17% compared to the benchmark's 4.81%, but the recent downturn suggests that investor sentiment may be shifting negatively, potentially influenced by the erratic trading patterns and reduced liquidity.