Why is Mindteck (India) falling/rising?

As of 04-Nov, Mindteck (India) Ltd is experiencing a decline in its stock price, currently at Rs 261.20, which reflects a decrease of Rs 8.65 or 3.21%. The stock has been underperforming, having fallen consecutively for the last two days with a total drop of 3.86%. Additionally, the stock's performance today has underperformed its sector by 2.22%. The stock has also seen a significant decrease in delivery volume, which fell by 31.87% compared to the 5-day average, indicating a reduction in investor participation. Over the past week, the stock has declined by 5.22%, while its year-to-date performance shows a notable drop of 11.44%.
In the broader market context, the Sensex has only decreased by 1.38% over the past week, suggesting that Mindteck's decline is more pronounced than the overall market trend. While the stock has shown positive returns over the longer term, such as a 124.94% increase over three years, its recent performance has been lackluster compared to the benchmark, which has gained 6.81% year-to-date. This disparity highlights the challenges Mindteck is facing in maintaining investor confidence and market traction, contributing to its current downward price movement.