Why is MPIL Corporation falling/rising?

As of 14-Nov, MPIL Corporation Ltd is experiencing a decline in its stock price, currently at Rs 468.65, which reflects a decrease of Rs 24.65 or 5.0%. The stock has been underperforming significantly, having fallen consecutively for the last four days, resulting in a total drop of 18.54% during this period. It is also trading close to its 52-week low, just 4.71% above Rs 446.6. The stock opened the day with a gain of 5% but quickly fell to its current price, indicating high volatility with an intraday range of Rs 49.3. Additionally, it is trading below all key moving averages, and investor participation has decreased, with delivery volume dropping by 28.57% compared to the five-day average.
In the broader market context, MPIL Corporation's performance has been notably poor compared to the Sensex, which has gained 1.62% over the past week and 3.09% over the past month. Year-to-date, MPIL has declined by 22.38%, while the Sensex has increased by 8.22%. This stark contrast highlights the stock's struggles in a generally positive market environment. The lack of available positive factors further emphasizes the challenges faced by MPIL Corporation, contributing to its recent price decline amidst a backdrop of rising market indices.