Why is MPS falling/rising?

As of 08-Aug, MPS Ltd. is experiencing a decline in its stock price, currently at Rs 2,260.00, which reflects a decrease of Rs 46.9 or 2.03%. The stock has underperformed its sector by 0.32% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 2,249.8, marking a decline of 2.48%. Additionally, MPS is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, with a 40.43% drop compared to the 5-day average, suggesting falling investor participation. There is no information available regarding positive or negative factors that could influence the stock's recent movement.
In the broader market context, MPS Ltd.'s short-term performance over the past week shows a decline of 2.04%, which is worse than the Sensex's decrease of 0.92%. Over the past month, MPS has fallen by 15.50%, while the Sensex has only decreased by 4.60%. Despite a strong year-to-date return of 13.66% compared to the Sensex's 2.20%, the recent downturn indicates a shift in sentiment among investors, likely influenced by the stock's underperformance relative to both its sector and the broader market.