Why is Mewar Hi-Tech falling/rising?

As of 02-Jul, Mewar Hi-Tech Engineering Ltd is experiencing a decline in its stock price, currently at Rs 72.77, which represents a decrease of 3.82 or 4.99%. Today's trading performance indicates that the stock opened with a gain of 4.99%, reaching an intraday high of Rs 80.41, but subsequently fell to its current price, marking a significant drop. The stock has underperformed its sector by 5.12% today and has shown erratic trading patterns, not trading on 3 out of the last 20 days. Additionally, the delivery volume has decreased by 54.55% against the 5-day average, indicating falling investor participation. The stock's performance over the past month shows a substantial decline of 41.83%, contrasting sharply with the Sensex's gain of 2.50%.
In the broader market context, Mewar Hi-Tech's recent performance is notably weaker compared to the benchmark index. While the stock has gained 4.71% over the past week, it has significantly lagged behind the Sensex's 0.79% increase. Year-to-date, Mewar Hi-Tech has declined by 11.99%, while the Sensex has risen by 6.75%. This disparity highlights the stock's struggles in the current market environment, despite its historical performance over longer periods, such as a 45.54% increase over three years. The combination of declining investor interest and poor short-term returns relative to the benchmark suggests ongoing challenges for Mewar Hi-Tech Engineering Ltd.