Why is Modern Dairies falling/rising?

As of 18-Sep, Modern Dairies Ltd is experiencing a decline in its stock price, currently at Rs 48.27, which represents a decrease of Rs 1.03 or 2.09%. The stock has underperformed its sector by 2.48% today and reached an intraday low of Rs 48.02, reflecting a drop of 2.6%. 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 significant decline, falling by 42.82% compared to the 5-day average, suggesting reduced investor participation. Year-to-date, the stock has underperformed with a return of -20.67%, contrasting sharply with the Sensex's gain of 6.24%.
In the broader market context, the stock's short-term performance over the past week shows a slight decline of 0.23%, while the Sensex has increased by 1.80%, highlighting a significant underperformance relative to the benchmark. Over the past month, Modern Dairies has also lagged, with a return of -1.49% compared to the Sensex's 2.14% gain. This consistent underperformance may reflect broader market trends favoring other sectors or companies, contributing to the negative sentiment surrounding Modern Dairies. Overall, the combination of declining investor interest, poor short-term returns, and the stock's position relative to moving averages suggests a challenging environment for Modern Dairies Ltd.