Why is Meson Valves Ind falling/rising?

As of 14-Jul, Meson Valves India Ltd is experiencing a decline in its stock price, currently at 365.40, which reflects a decrease of 4.6 or 1.24%. The stock has underperformed its sector by 0.52% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.73% during this period. Additionally, the stock has shown significant underperformance over longer periods, with a year-to-date decline of 36.53% and a staggering 72.63% drop over the past year. The stock is trading below all its moving averages, indicating a bearish trend. While there has been a slight increase in investor participation, with delivery volume rising by 5.92% against the 5-day average, the overall sentiment remains negative.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has fallen by 2.04% over the past week while the Sensex has only declined by 1.42%. Over the past month, Meson Valves has experienced a significant drop of 18.94%, while the Sensex has gained 1.40%. This stark difference highlights the stock's struggle in the current market environment, further exacerbated by its substantial losses over the year compared to the benchmark's modest gains. The lack of positive factors in the dashboard suggests that there are no immediate catalysts to reverse the stock's downward trajectory.