Why is Mish Designs falling/rising?

As of 15-Oct, Mish Designs Ltd is experiencing a decline in its stock price, currently at Rs 49.60, which represents a decrease of 5.39 or 9.8%. The stock has underperformed significantly, with a 1-week return of -9.65% and a 1-month return of -22.07%. Today's trading performance indicates that the stock opened with a gap down of 6.98% and touched an intraday low of Rs 49.5, reflecting a drop of 9.98%. Additionally, the stock is close to its 52-week low, just 2.98% away from Rs 48.12. The trading volume has also seen a drastic decline, with a reported delivery volume drop of 86.49% against the 5-day average, indicating falling investor participation. The stock is trading below all key moving averages, suggesting a bearish trend.
In the broader market context, the Sensex has shown resilience with a 1-week return of +1.02% and a 1-month return of +1.00%, contrasting sharply with Mish Designs' performance. This divergence highlights the company's struggles relative to the overall market. The significant underperformance of Mish Designs, particularly in comparison to the benchmark, underscores the challenges it faces, including erratic trading patterns and a lack of positive factors to support a rebound. Overall, the stock's current trajectory reflects a combination of poor performance metrics and a challenging market environment.