Why is Metroglobal falling/rising?

As of 13-Nov, Metroglobal Ltd. is experiencing a decline in its stock price, currently at Rs 120.00, reflecting a decrease of Rs 3.85 or 3.11%. The stock has underperformed its sector by 3.07% today and has fallen after two consecutive days of gains. It opened with a loss of 2.62% and reached an intraday low of Rs 120. The stock 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 decreased by 1.80%, and its year-to-date performance shows a significant decline of 25.33%, contrasting sharply with the Sensex, which has gained 8.11% during the same period.
In the broader market context, Metroglobal's recent performance is notably weaker than the benchmark Sensex, which has shown positive returns both in the short term and year-to-date. The stock's underperformance is highlighted by its negative returns over the past month and year, with declines of 4.84% and 30.23%, respectively. Despite a slight increase in investor participation, as indicated by a 1.28% rise in delivery volume, the overall liquidity remains adequate for trading. The absence of any positive factors in the dashboard suggests that there are no significant catalysts to counteract the current downward trend, contributing to the stock's ongoing decline.