Why is Mitsu Chem Plast falling/rising?

As of 07-Oct, Mitsu Chem Plast Ltd is experiencing a decline in its stock price, currently at Rs 98.45, which reflects a decrease of Rs 5.45 or 5.25%. The stock has underperformed significantly today, with a performance that is 6.54% lower than its sector. It reached an intraday low of Rs 96.05, marking a drop of 7.56%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 86.25% compared to the 5-day average. The stock's year-to-date performance shows a decline of 12.18%, and over the past year, it has decreased by 26.01%, further highlighting its struggles in the market.
In the broader market context, the Sensex has shown a positive return of 4.85% year-to-date, contrasting sharply with Mitsu Chem Plast's negative performance. Over the past week, while the stock has decreased by 4.56%, the Sensex has increased by 2.07%. This disparity indicates that the stock is not only underperforming relative to the market but also facing significant challenges compared to its benchmark. The lack of positive factors in the provided data suggests that there are no mitigating circumstances to support a recovery in the stock's price at this time.