Why is Morgan Ventures falling/rising?

As of 20-Jun, Morgan Ventures Ltd is experiencing a decline in its stock price, currently at Rs 107.70, which reflects a decrease of Rs 2.15 or 1.96%. The stock has been underperforming, having fallen for the last five consecutive days, resulting in a total decline of 9.11% over that period. Today, it opened with a significant loss of 4.32% and has shown high volatility, trading within a wide range of Rs 12.6. Despite touching an intraday high of Rs 112.6, the stock's weighted average price indicates that more volume was traded closer to its low price of Rs 100. The stock's performance year-to-date shows a decline of 11.21%, contrasting with a substantial increase of 113.61% over the past year. There is no information available regarding positive or negative factors impacting the stock.
Broader market context reveals that Morgan Ventures has underperformed compared to the Sensex, which has gained 1.59% over the past week while Morgan Ventures has dropped 9.11%. The stock's year-to-date performance is also notably worse than the benchmark's 5.46% increase. This underperformance in the short term, coupled with the recent volatility and consecutive declines, suggests that investor sentiment may be negatively impacted, leading to a lack of confidence in the stock's immediate prospects.