Why is Mono Pharmacare falling/rising?

As of 15-Oct, Mono Pharmacare Ltd's stock price is currently at Rs 21.00, reflecting a decrease of Rs 0.4 or 1.87%. The stock has underperformed significantly, with a 1-week return of -7.89% and a 1-month return of -14.11%. It is also trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, the stock is close to its 52-week low, just 1.67% away from Rs 20.65. Despite a rise in investor participation, with delivery volume increasing by 33.33% against the 5-day average, there are no positive factors noted that could counterbalance the negative performance.
Broader Market Context: In comparison to the benchmark Sensex, which has shown a positive return of +1.11% over the past week and +1.01% over the past month, Mono Pharmacare's performance is notably poor. The broader market has been relatively stable, with the Sensex up 7.10% year-to-date, while Mono Pharmacare has declined by 39.39% in the same period. This stark contrast highlights the challenges faced by Mono Pharmacare in attracting investor confidence, contributing to its declining stock price amidst a generally positive market environment.