Why is Modern Insulator falling/rising?

As of 10-Jun, Modern Insulators Ltd is experiencing a decline in its stock price, currently at Rs 104.40, which represents a decrease of Rs 8.35 or 7.41%. The stock has underperformed its sector by 7.9% today, reaching an intraday low of Rs 101.95, which is a drop of 9.58%. The stock has shown high volatility with an intraday volatility of 5.58% and has traded below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 35.87% compared to the 5-day average. The performance over the past week shows a decline of 7.28%, while the year-to-date return is down 28.00%.
In the broader market context, the Sensex has increased by 2.05% over the past week and has a year-to-date return of 5.44%, indicating that Modern Insulators Ltd is lagging behind the benchmark significantly. The stock's performance over the last month shows a positive return of 7.35%, but this is overshadowed by its poor year-to-date and yearly performance, which are both negative. The lack of available positive or negative factors further complicates the understanding of the stock's recent movements, suggesting that external influences or market sentiment may be contributing to its decline.