Why is MPIL Corporation falling/rising?

As of 12-Nov, MPIL Corporation Ltd is experiencing a decline in its stock price, currently at Rs 519.25, which represents a decrease of 27.3 points or 4.99%. The stock has underperformed its sector by 4.97% today and has been on a consecutive downward trend for the last two days, accumulating a total return loss of 9.74% during this period. Additionally, the stock opened with a loss of 2.66% and reached an intraday low of Rs 519.25. Over the past week, MPIL Corporation has seen a return of -5.58%, and its year-to-date performance shows a significant decline of 14.00%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 2150% compared to the 5-day average, suggesting some interest despite the price drop.
In the broader market context, the Sensex has shown a positive return of 1.21% over the past week and 8.10% year-to-date, contrasting sharply with MPIL Corporation's negative performance. This divergence indicates that while the overall market is experiencing gains, MPIL Corporation is struggling significantly. The stock's performance over the last month and year also reflects a downward trajectory, with returns of -9.93% and -22.61%, respectively, further emphasizing its underperformance relative to the benchmark. The lack of available positive or negative dashboard data limits the understanding of specific catalysts affecting the stock, but the overall market conditions appear to be unfavorable for MPIL Corporation at this time.