Why is Megatherm Indu. falling/rising?

As of 16-Sep, Megatherm Induction Ltd's stock price is currently at 304.25, reflecting a decrease of 0.7, or 0.23%. The stock has underperformed its sector by 0.65% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has declined by 1.73%, and it has experienced a significant drop of 20.03% over the past year, contrasting sharply with the Sensex, which has remained relatively flat at -0.57% during the same period. Although there has been a notable increase in investor participation, with delivery volume rising by 73.27% against the 5-day average, the absence of positive factors in the dashboard suggests that there are no significant catalysts driving the stock upwards.
In the broader market context, Megatherm Induction Ltd's recent performance has lagged behind the Sensex, which has gained 1.49% over the past week and 2.47% over the past month. The stock's year-to-date decline of 5.85% also contrasts with the Sensex's positive return of 6.74%. This underperformance indicates that while the overall market may be experiencing growth, Megatherm Induction Ltd is struggling to keep pace, which may be contributing to the downward pressure on its stock price.