Why is Modern Shares falling/rising?

As of 24-Sep, Modern Shares & Stockbrokers Ltd is experiencing a decline in its stock price, currently at Rs 41.00, which represents a decrease of 1.0 (-2.38%). The stock has underperformed its sector by 2.29% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.98% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. In terms of returns, the stock has seen a significant decline of 35.94% year-to-date, while it has also underperformed against the benchmark Sensex over various periods, including a 1-week drop of 9.39% compared to the Sensex's decline of 1.18%.
Broader Market Context: The broader market context shows that while the Sensex has gained 4.58% year-to-date, Modern Shares has significantly lagged behind, indicating a challenging environment for the stock. The stock's recent performance contrasts sharply with the benchmark, particularly in the short term, where it has fallen more than the Sensex. Despite a rise in investor participation, as evidenced by a 21.03% increase in delivery volume, the overall sentiment remains negative, contributing to the stock's decline. The lack of available positive factors further emphasizes the challenges faced by Modern Shares in the current market landscape.