Why is MPIL Corporation falling/rising?

As of 04-Sep, MPIL Corporation Ltd is experiencing a decline in its stock price, currently at Rs 490.90, which reflects a decrease of Rs 30.1 or 5.78%. The stock has underperformed its sector by 6.8% today, opening with a significant loss of 7.09%. Throughout the day, it reached a high of Rs 534.95 but also fell to a low of Rs 484.05, indicating high volatility with an intraday fluctuation of 5%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The delivery volume has also decreased by 44.44% compared to the 5-day average, indicating falling investor participation. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, MPIL Corporation's performance over the past week shows a decline of 1.82%, while the benchmark Sensex has increased by 0.80%. Year-to-date, MPIL has dropped 18.69%, contrasting sharply with the Sensex's gain of 3.30%. This underperformance highlights the stock's struggles relative to the overall market. The significant drop in investor participation and the stock's erratic trading pattern further contribute to its negative outlook, suggesting that the stock is facing challenges that are not reflected in the broader market's performance.