Why is Metroglobal falling/rising?

As of 08-Sep, Metroglobal Ltd. is currently priced at 127.05, reflecting a decrease of 2.95, or 2.27%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 3.79% during this period. It has also underperformed its sector by 1.07% today. The stock reached an intraday high of Rs 134.5 but ultimately closed at its low of Rs 127.05. Additionally, Metroglobal is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, investor participation has significantly decreased, with delivery volume dropping by 80.69% compared to the 5-day average, which suggests a lack of confidence among investors.
In the broader market context, Metroglobal's performance over the past week shows a decline of 3.46%, while the Sensex has increased by 0.53%, highlighting a stark contrast between the stock and the benchmark index. Over the past month, Metroglobal has decreased by 4.47%, whereas the Sensex has risen by 1.16%. Year-to-date, the stock has fallen by 20.94%, in contrast to the Sensex's gain of 3.39%. This significant underperformance relative to the benchmark indicates that market conditions are not favoring Metroglobal at this time, contributing to its declining stock price.