Why is Menon Bearings falling/rising?

As of 29-Oct, Menon Bearings Ltd is experiencing a decline in its stock price, currently at Rs 117.50, which reflects a decrease of Rs 5.6 or 4.55%. The stock has underperformed its sector by 4.31% today and has been on a consecutive downward trend for the last two days, resulting in a total loss of 5.92% during this period. It opened with a loss of 2.32% and reached an intraday low of Rs 115.6, indicating significant selling pressure. Additionally, while the stock's performance over the last week and month shows declines of 3.25% and 9.13% respectively, it has still managed a positive return of 12.98% over the past three years. However, it has underperformed against the Sensex, which has gained 0.68% in the last week and 5.76% in the last month. There is no information available regarding positive or negative factors impacting the stock.
Broader Market Context: The broader market context indicates that Menon Bearings Ltd's recent performance is not aligned with the overall market trends, as evidenced by the Sensex's positive movements. The stock's short-term returns have been negative, contrasting sharply with the Sensex's gains, which suggests that investor sentiment towards Menon Bearings is currently weak. The rising investor participation, indicated by a significant increase in delivery volume, may suggest some interest in the stock despite its recent declines, but overall, the stock's performance remains lackluster compared to the benchmark.