Why is MKVentures Cap. falling/rising?

As of 10-Nov, MKVentures Capital Ltd is experiencing a decline in its stock price, currently at 1,299.90, reflecting a decrease of 35.75 points or 2.68%. The stock has been underperforming, having fallen for the last three consecutive days, totaling a decline of 5.42% during this period. Additionally, it has underperformed its sector by 3.22% today. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, investor participation has significantly decreased, with delivery volume dropping by 90.1% compared to the 5-day average, suggesting a lack of confidence among investors. The stock's year-to-date performance shows a substantial decline of 28.18%, contrasting sharply with the Sensex, which has gained 6.91% over the same period.
In the broader market context, MKVentures Capital Ltd's short-term performance over the past week shows a slight decline of 0.27%, while the benchmark Sensex has decreased by 0.53%. This indicates that the stock is performing slightly better than the benchmark in the short term, despite its overall negative trajectory. However, the longer-term view reveals a stark contrast, with the stock down 9.12% over the past month compared to a 1.25% increase in the Sensex. This underperformance highlights the challenges faced by MKVentures Capital Ltd in attracting investor interest and maintaining market confidence amidst a generally positive market environment.