Why is Mohit Industries falling/rising?

As of 23-Jun, Mohit Industries Ltd is experiencing a decline in its stock price, currently at 28.51, which represents a decrease of 0.77 or 2.63%. The stock has been underperforming, having lost 4.97% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 27.47% compared to the 5-day average. Over the past week, the stock has decreased by 7.04%, and year-to-date, it has plummeted by 36.06%, indicating a troubling trend for investors.
In the broader market context, while the Sensex has shown a slight increase of 0.12% over the past week and a gain of 4.81% year-to-date, Mohit Industries' performance starkly contrasts this positive market trend. The company's recent struggles are evident as it has underperformed its sector by 3.16% today. Despite a positive return of 9.65% over the past year and an impressive 610.97% increase over the last five years, the recent downturn highlights a significant divergence from the overall market performance, suggesting that specific challenges are impacting Mohit Industries more severely than the broader market.