Why is Mid India Inds. falling/rising?

As of 17-Nov, Mid India Industries Ltd is experiencing a decline in its stock price, currently at 7.63, which reflects a decrease of 0.25 or 3.17%. The stock has underperformed its sector by 3.22% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 5.45% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 6.27%, while it has shown a modest gain of 4.95% over the past month. However, the year-to-date performance remains poor, with a decline of 18.13%, and a significant drop of 22.70% over the past year. Notably, there is a rising investor participation with a delivery volume increase of 66.72% against the 5-day average, suggesting some interest despite the overall negative performance.
In the broader market context, the Sensex has shown a positive return of 1.69% over the past week and 1.19% over the past month, contrasting sharply with Mid India Industries Ltd's negative returns. This underperformance highlights the stock's struggle to keep pace with the benchmark index, which has gained 8.72% year-to-date and 9.50% over the past year. The significant disparity in returns indicates that while the overall market is experiencing growth, Mid India Industries Ltd is facing challenges that are leading to its decline, including its recent price movements and the overall market sentiment.