Why is Mewar Hi-Tech falling/rising?

As of 20-Oct, Mewar Hi-Tech Engineering Ltd is experiencing a decline in its stock price, currently at Rs 59.00, which reflects a decrease of Rs 3.08 or 4.96%. The stock is close to its 52-week low, being only 0.03% away from Rs 58.98. In terms of performance, the stock has underperformed its sector by 5.62% today and has shown a significant decline over various periods, with a 1-week drop of 11.98% and a year-to-date decrease of 28.64%. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 44.44% against the 5-day average, indicating reduced interest in trading the stock.
Broader Market Context: In contrast to Mewar Hi-Tech's poor performance, the benchmark Sensex has shown positive returns, gaining 2.47% over the past week and 7.97% year-to-date. This stark difference highlights the stock's struggle in the current market environment, where it has not only underperformed against its sector but also lagged significantly behind the broader market indices. The stock's moving averages indicate a bearish trend, being lower than the 5-day, 20-day, 50-day, and 100-day averages, which further suggests a lack of momentum and confidence among investors.