Why is Mewar Hi-Tech falling/rising?

As of 23-Jun, Mewar Hi-Tech Engineering Ltd's stock price is currently at Rs. 69.50, reflecting a decline of 3.65 (-4.99%). The stock has been on a downward trend, having fallen for the last seven consecutive days, resulting in a total decrease of 28.28% during this period. Today, it hit a new 52-week low of Rs. 69.50 and underperformed its sector by 6.34%. In terms of longer-term performance, the stock has seen a significant drop of 52.33% over the past month and a year-to-date decline of 15.94%. Although there has been a notable increase in investor participation, with delivery volume rising by 622.22% against the 5-day average, the overall sentiment remains negative, and no positive factors are available to counterbalance the stock's recent poor performance.
Broader Market Context: In comparison to the benchmark Sensex, which has shown a slight increase of 0.12% over the past week, Mewar Hi-Tech's stock has significantly underperformed with a decline of 20.57%. This stark contrast highlights the stock's struggles relative to the broader market, as it continues to face challenges while the benchmark index remains relatively stable. The stock's performance over the last three years has been positive at 39.00%, but this is overshadowed by its recent declines and the lack of positive developments in the current market environment.