Why is Mono Pharmacare falling/rising?

As of 08-Sep, Mono Pharmacare Ltd is experiencing a decline in its stock price, currently at Rs. 21.55, which represents a decrease of Rs. 0.95 or 4.22%. The stock has underperformed significantly, with a 52-week low of Rs. 20.65 reached today. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock has shown a substantial decline over various periods, with a year-to-date drop of 37.81% and a one-year decline of 39.72%. There is also a noted decrease in investor participation, with delivery volume falling by 9.09% compared to the 5-day average, suggesting reduced interest in the stock.
In the broader market context, the Sensex has shown a positive return of 0.60% over the past week, contrasting sharply with Mono Pharmacare's decline of 4.22%. This underperformance highlights the stock's struggles relative to the market. Over the past month, while the Sensex has gained 1.68%, Mono Pharmacare has plummeted by 15.16%, further emphasizing its weak position. The lack of available positive factors in the dashboard suggests that there are no significant catalysts to support a recovery in the stock's price at this time.