Why is MPIL Corporation falling/rising?

As of 08-Sep, MPIL Corporation Ltd is currently priced at 470.05, with no change in price (0.00%). The stock has shown a significant decline over various periods, with a 1-week return of -5.61% and a 1-month return of -9.30%. It is also trading close to its 52-week low, just 1.5% away from Rs 463. Additionally, the stock has been underperforming against the sector, despite a slight outperformance today by 0.8%. The stock is trading lower than its moving averages across multiple time frames, indicating a bearish trend. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 87.18% compared to the 5-day average, suggesting reduced interest in the stock.
In the broader market context, the Sensex has shown a positive return of +0.53% over the past week, contrasting sharply with MPIL Corporation's decline. This divergence indicates that while the overall market is experiencing gains, MPIL Corporation is struggling significantly. The stock's year-to-date performance is also concerning, with a decline of -22.14%, while the benchmark has gained +3.39% during the same period. The liquidity of the stock remains adequate for trading, but the erratic trading patterns and falling investor participation point to a lack of confidence among investors, contributing to the stock's recent struggles.