Why is MKP Mobility falling/rising?

As of 07-Nov, MKP Mobility Ltd is experiencing a decline in its stock price, currently at 117.75, which reflects a decrease of 1.65 or 1.38%. The stock has underperformed its sector by 2.03% today and opened with a significant loss of 4.98%, reaching an intraday low of Rs 113.45. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also seen a drastic drop of 97.13% compared to the 5-day average, suggesting a lack of investor interest. Over the past year, the stock has declined by 43.93%, while year-to-date, it has fallen by 49.09%, contrasting sharply with the Sensex's gain of 6.50% during the same period.
In the broader market context, MKP Mobility's short-term performance has been notably weaker than the benchmark, with a 1-week return of -1.38% compared to the Sensex's -0.86%. This underperformance highlights the stock's struggles relative to the overall market. The erratic trading pattern, with the stock not trading on 2 out of the last 20 days, further emphasizes the volatility and potential liquidity issues surrounding MKP Mobility. Overall, the combination of poor trading performance, significant declines in investor participation, and unfavorable comparisons to market benchmarks contributes to the stock's downward trajectory.