Why is MILGREY FIN.&INV falling/rising?

As of 06-Oct, Milgrey Finance & Investments Ltd is experiencing a decline in its stock price, currently at Rs 89.90, which reflects a decrease of Rs 2.31 or 2.51%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 10.01% during this period. Today, it opened with a loss of 5% and reached an intraday low of Rs 87.6. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a rise in investor participation, with a delivery volume increase of 56.83% against the 5-day average, the overall performance remains negative, as the stock has underperformed its sector by 3.72%.
In the broader market context, the stock's short-term performance has been significantly weaker compared to the benchmark Sensex, which has gained 1.77% over the past week while Milgrey has dropped 8.82%. Over the past month, the stock has declined by 22.10%, contrasting sharply with the Sensex's modest gain of 1.34%. This stark difference highlights the challenges faced by Milgrey Finance & Investments Ltd in the current market environment, as it struggles to maintain investor confidence amidst a broader market that is showing resilience.