Why is MPDL Ltd falling/rising?

As of 29-Oct, MPDL Ltd's stock price is currently at Rs 45.60, reflecting a decrease of Rs 2.39 or 4.98%. The stock has underperformed its sector by 6.25% today and has experienced a trend reversal, falling after two consecutive days of gains. The stock touched an intraday low of Rs 45.60, and the volume traded was primarily close to this low price, indicating a lack of investor confidence. Additionally, the delivery volume has significantly decreased by 87.57% compared to the 5-day average, suggesting falling investor participation. Year-to-date, the stock has declined by 47.68%, contrasting with the Sensex's gain of 8.78%, which further highlights its poor performance.
In the broader market context, while the Sensex has shown a positive return of 0.68% over the past week and 5.76% over the past month, MPDL Ltd's performance has been notably weaker, with a 1-month return of 11.74%. This disparity indicates that the stock is not only struggling in the short term but also lagging behind the overall market trends. The lack of available positive or negative factors further complicates the understanding of the stock's recent movements, as no specific catalysts or issues have been identified to explain the current decline.