Why is Monte Carlo Fas. falling/rising?

As of 22-Sep, Monte Carlo Fashions Ltd is experiencing a decline in its stock price, currently at 646.40, which reflects a decrease of 24.15 or 3.6%. The stock opened significantly lower today, with an initial loss of 8.85%, reaching an intraday low of Rs 611.2. Despite this downturn, the stock has shown positive performance over the past week and month, with increases of 1.40% and 10.50%, respectively. However, year-to-date, the stock is down 19.69%, indicating a longer-term struggle despite a strong five-year return of 284.53%. The stock is currently trading above its moving averages, and there has been a notable increase in investor participation, with delivery volume rising by 75.82% against the five-day average.
In the broader market context, Monte Carlo Fashions Ltd has underperformed its sector today by 3.06%. While the Sensex has shown a modest gain of 0.46% over the past week, Monte Carlo's performance has been more volatile, particularly in the short term. The stock's year-to-date performance is significantly worse than the Sensex, which has gained 5.15% during the same period. This disparity highlights the challenges faced by Monte Carlo Fashions Ltd in maintaining investor confidence amid broader market gains.