Why is Mewar Hi-Tech falling/rising?

As of 06-October, Mewar Hi-Tech Engineering Ltd's stock price is currently at Rs. 64.54, reflecting a decrease of Rs. 3.39 or 4.99%. The stock has hit a new 52-week low today and has underperformed its sector by 4.56%. It opened with a significant loss of 4.99% and has not traded above this price throughout the day. Over the past week, the stock has declined by 9.73%, and year-to-date, it has fallen by 21.94%. Although the stock is trading higher than its 200-day moving average, it remains below the 5-day, 20-day, 50-day, and 100-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 42.86% against the 5-day average, indicating some interest despite the overall decline.
In the broader market context, Mewar Hi-Tech's recent performance contrasts sharply with the Sensex, which has gained 1.77% over the past week and 4.67% year-to-date. This stark difference highlights the stock's struggles relative to the benchmark, as it has consistently underperformed in both the short and long term. The stock's erratic trading pattern, with no trades on three days out of the last 20, further complicates its market position. Overall, the combination of a significant drop in price, underperformance against the sector and benchmark, and erratic trading behavior contributes to the stock's current downward trajectory.