Why is Mid India Inds. falling/rising?

As of 24-Jun, Mid India Industries Ltd is experiencing a decline in its stock price, currently at 7.54, which reflects a decrease of 0.12 or 1.57%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total drop of 8.61% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, with a 90.17% drop compared to the 5-day average, suggesting a lack of investor interest. The stock's performance over various periods shows a substantial decline, with a year-to-date drop of 19.10% and a three-year decline of 62.67%, further highlighting its struggles in the market.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has shown positive returns of 0.58% over the past week and 5.01% year-to-date. This stark difference indicates that while the overall market is experiencing growth, Mid India Industries Ltd is lagging significantly behind. The stock's underperformance relative to the benchmark and its sector, combined with falling investor participation and liquidity issues, contribute to the negative sentiment surrounding its price movement.