Why is MIRC Electronics falling/rising?

As of 24-Sep, MIRC Electronics Ltd is experiencing a decline in its stock price, currently at Rs 27.01, which reflects a decrease of Rs 1.15 or 4.08%. The stock has been underperforming, having lost 6.86% over the last two days and underperformed its sector by 3.56% today. It reached an intraday low of Rs 26.76, indicating significant selling pressure. Despite the stock being above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Additionally, while there has been a rise in investor participation with a 27.16% increase in delivery volume, the overall sentiment appears negative, contributing to the recent price decline. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, MIRC Electronics has shown a mixed performance compared to the benchmark Sensex. Over the past week, the stock has declined by 6.83%, while the Sensex has only fallen by 1.18%. In the longer term, however, MIRC has outperformed the Sensex year-to-date with a gain of 12.54% compared to the Sensex's 4.58%. This suggests that while the stock is currently facing short-term challenges, it has demonstrated resilience and growth over a longer horizon.