Why is Morgan Ventures falling/rising?

As of 18-Nov, Morgan Ventures Ltd is experiencing a decline in its stock price, currently at Rs 74.51, which represents a decrease of Rs 2.47 or 3.21%. The stock has underperformed its sector by 2.43% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 7.86% during this period. Additionally, the stock has touched an intraday low of Rs 73.6, indicating a significant drop of 4.39%. In terms of returns, the stock has shown a year-to-date decline of 38.57%, contrasting sharply with the Sensex, which has gained 8.36% over the same period. Notably, investor participation has decreased, with delivery volume falling by 52.3% compared to the five-day average, suggesting a lack of interest among investors.
Broader Market Context: In the short term, the stock's performance has lagged behind the benchmark, with a weekly return of only 0.19% compared to the Sensex's 0.96%. This underperformance is indicative of broader market trends, where the Sensex has been gaining while Morgan Ventures has struggled. The stock's moving averages indicate that it is currently lower than the 5-day, 50-day, 100-day, and 200-day moving averages, further highlighting its weak position in the market. Overall, the combination of falling investor participation, significant recent losses, and poor relative performance against the benchmark contributes to the stock's current decline.