Why is Modi Rubber falling/rising?

As of 16-Oct, Modi Rubber Ltd's stock price is currently at Rs 123.00, reflecting a decrease of Rs 1.15 or 0.93%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 5.78% during this period. Despite reaching an intraday high of Rs 126.95, the stock's performance today has underperformed its sector by 2.28%. Over the past week, the stock has decreased by 0.57%, while it has shown a modest gain of 5.81% over the past month. However, it has experienced a significant decline of 7.55% over the past year. Additionally, investor participation has notably decreased, with delivery volume dropping by 87.4% compared to the five-day average, indicating reduced interest in trading the stock.
Broader market context shows that while Modi Rubber's recent performance has been negative, the benchmark Sensex has gained 1.58% over the past week and 1.32% over the past month. This contrast highlights the stock's underperformance relative to the broader market. Year-to-date, Modi Rubber's returns have stagnated at 0.00%, significantly lagging behind the Sensex's 6.82% increase. The stock's moving averages indicate it is performing better than the 20-day, 50-day, and 200-day averages, but worse than the 5-day and 100-day averages, suggesting mixed signals regarding its short-term momentum. Overall, the combination of declining investor interest and underperformance against the benchmark contributes to the stock's recent downward trend.