Why is Mohit Paper Mill falling/rising?

As of 10-Nov, Mohit Paper Mills Ltd is experiencing a decline in its stock price, currently at Rs 32.00, which reflects a decrease of 1.0 (-3.03%). The stock has been underperforming, having fallen for the last three days with a total decline of -6.73% during this period. Today's performance shows that the stock touched an intraday high of Rs 34 but also reached a low of Rs 32. The stock's recent returns indicate a -3.70% drop over the past week and a significant -22.33% year-to-date decline, contrasting with a positive 4.75% return over the past month. Notably, there has been a drastic reduction in investor participation, with delivery volume plummeting by -97.8% compared to the five-day average, which may contribute to the stock's downward pressure.
In the broader market context, the Sensex has only decreased by -0.53% over the past week, indicating that Mohit Paper Mills is underperforming relative to the benchmark. While the stock has shown a strong performance over the long term, with a 391.55% increase over the last five years, its recent trends suggest a struggle to maintain momentum in the short term. The stock's liquidity remains adequate for trading, but the falling investor participation and consecutive price declines signal a lack of confidence among investors, which is likely influencing the current price movement.