Why is MPIL Corporation falling/rising?

As of 29-Aug, MPIL Corporation Ltd is currently priced at 498.00, reflecting a decrease of 2.0, or 0.4%. The stock has shown erratic trading patterns, having not traded on one day out of the last twenty, and it has remained flat at this price since opening. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has underperformed against the benchmark Sensex over the past week and month, with returns of -2.74% and -2.95%, respectively. Furthermore, there has been a significant drop in investor participation, with delivery volume on August 26 falling by 92.96% compared to the 5-day average, which suggests a lack of interest among investors.
In the broader market context, the Sensex has also experienced declines, but at a lesser rate than MPIL Corporation, which indicates that the stock's performance is particularly weak relative to the market. The textile machinery sector, in which MPIL operates, has seen a decline of 2.86%, contributing to the negative sentiment surrounding the stock. Overall, the combination of poor trading activity, declining investor interest, and sector-wide challenges has led to the stock's recent downward movement.