Why is MPDL Ltd falling/rising?

As of 11-Nov, MPDL Ltd's stock price is currently at Rs 44.96, reflecting a decline of Rs 2.04 or 4.34%. The stock has been underperforming, having lost 8.69% over the last two days and opening with a loss of 4.45% today. It has also been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has significantly decreased, with delivery volume dropping by 87.75% compared to the 5-day average, which suggests a lack of confidence among investors. Unfortunately, there are no positive or negative factors available to provide further context on the stock's recent movement.
In the broader market context, MPDL Ltd's performance over the past week shows a decline of 1.64%, while the benchmark Sensex has increased by 0.49%. This underperformance is further highlighted by the stock's year-to-date return of -48.41%, contrasting sharply with the Sensex's gain of 7.34%. The stock's recent struggles, combined with the broader market's positive movement, indicate that MPDL Ltd is facing significant challenges that are contributing to its declining price.