Why is Modi Naturals falling/rising?

As of 19-Sep, Modi Naturals Ltd's stock price is currently at Rs 461.00, reflecting a decrease of Rs 9.9 or 2.1%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.3% during this period. Additionally, it is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. The stock's performance over the past week shows a decline of 2.62%, and it has decreased by 6.28% over the past month, while year-to-date returns are down by 12.83%. Notably, investor participation has also diminished, with delivery volume dropping by 18.63% compared to the 5-day average, which may signal reduced interest in the stock.
Broader Market Context: In contrast to Modi Naturals' performance, the benchmark Sensex has gained 0.88% over the past week and 1.20% over the past month, highlighting the stock's underperformance relative to the broader market. While the solvent extraction sector has seen a positive movement with a gain of 3.54%, Modi Naturals' stock has not benefited from this trend. The significant disparity in returns, particularly in the short term, suggests that external market conditions are not favoring Modi Naturals, contributing to its recent price decline.