Why is Moongipa Capital falling/rising?

As of 12-Nov, Moongipa Capital Finance Ltd is experiencing a decline in its stock price, currently at Rs. 16.00, which represents a decrease of Rs. 1.27 or 7.35%. The stock has hit a new 52-week low of Rs. 15 today and has underperformed its sector by 8.04%. Over the past two days, the stock has seen consecutive falls totaling a decline of 13.04%. In terms of returns, the stock has performed poorly, with a year-to-date drop of 50.02% and a one-year decline of 55.27%, significantly underperforming the Sensex, which has gained 8.10% over the same period. The stock is also trading below all major moving averages, indicating a bearish trend. Although there has been a notable increase in delivery volume, rising by 448.73% against the 5-day average, the overall sentiment remains negative.
In the broader market context, Moongipa Capital's short-term performance has been significantly worse than the benchmark, with a weekly decline of 11.99% compared to a slight gain of 1.21% for the Sensex. This stark contrast highlights the stock's struggles relative to the overall market. The high volatility observed today, with an intraday volatility of 6.25%, further reflects investor uncertainty surrounding the stock. Despite the increased trading volume suggesting some investor interest, the prevailing trends indicate that Moongipa Capital is facing considerable challenges, contributing to its ongoing price decline.