Why is Moongipa Capital falling/rising?

As of 08-Aug, Moongipa Capital Finance Ltd is experiencing a decline in its stock price, currently at Rs 18.54, which reflects a decrease of Rs 0.16 or 0.86%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 3.89% during this period. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Over the past month, Moongipa Capital has seen a decline of 4.92%, while its year-to-date performance shows a significant drop of 42.08%. There is a notable increase in investor participation, with delivery volume rising by 291.02% compared to the 5-day average, suggesting some interest despite the overall negative performance.
In the broader market context, Moongipa Capital's short-term performance contrasts with the benchmark Sensex, which has decreased by 0.92% over the past week. While the stock has shown a slight increase of 0.16% over the last week, its longer-term performance remains concerning, with a year-on-year decline of 39.63% compared to the Sensex's modest gain of 1.23%. The stock is currently close to its 52-week low, being only 2.91% away, which may further contribute to investor caution. Overall, the combination of declining prices, poor performance relative to benchmarks, and the recent trend of consecutive losses paints a challenging picture for Moongipa Capital Finance Ltd.