Why is Mid India Inds. falling/rising?

As of 05-Aug, Mid India Industries Ltd is experiencing a decline in its stock price, currently at 7.69, reflecting a decrease of 0.26 or 3.27%. The stock has underperformed its sector by 2.84% today, although it has shown a 3.50% increase over the past week. Despite this short-term gain, the stock has a negative trajectory over the longer term, with a year-to-date decline of 17.49% and a significant drop of 28.13% over the past year. The stock's performance is currently higher than its 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 54.09% against the 5-day average, indicating some interest despite the overall downward trend.
In the broader market context, the Sensex has shown a decline of 0.77% over the past week, while Mid India Industries Ltd has outperformed this benchmark in the same period. However, the stock's longer-term performance is concerning, with a 3-year decline of 63.47% compared to the Sensex's increase of 38.23%. This stark contrast highlights the challenges faced by the company relative to the overall market. The absence of specific positive or negative factors in the dashboard makes it difficult to pinpoint the exact reasons for the stock's recent movement, but the overall liquidity appears sufficient for trading, as it is based on 2% of the 5-day average traded value.