Why is Modern Shares falling/rising?

As of 19-Sep, Modern Shares & Stockbrokers Ltd is experiencing a decline in its stock price, currently at Rs 42.00, reflecting a decrease of Rs 2.25 or 5.08%. The stock has been underperforming, having lost 7.18% over the last two days and opening with a loss of 2.82% today. It has traded within a wide range of Rs 6.73, reaching a high of Rs 47.5 but also dipping to a low of Rs 40.77. The stock is currently 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 significant drop in investor participation, with delivery volume falling by 41.43% compared to the 5-day average, which suggests a lack of confidence among investors.
In the broader market context, the stock's performance over the past week shows a decline of 2.21%, while the Sensex has increased by 0.88%, indicating that Modern Shares is not only underperforming its own historical returns but also lagging behind the market benchmark. Year-to-date, the stock has plummeted by 34.38%, contrasting sharply with the Sensex's gain of 5.74%. This stark difference highlights the challenges faced by Modern Shares amidst a generally positive market environment, further contributing to the downward pressure on its stock price.