Why is Mukta Arts falling/rising?

As of 27-Oct, Mukta Arts Ltd is experiencing a decline in its stock price, currently at Rs 67.30, which reflects a decrease of Rs 2.52 or 3.61%. The stock has underperformed its sector by 4.65% today and has been on a downward trend, falling for the last two days with a total decline of 3.84%. Additionally, the stock has touched an intraday low of Rs 65.03, indicating significant volatility with an intraday fluctuation of 5.16%. Over the past week, Mukta Arts has seen a return of -3.26%, and its year-to-date performance shows a substantial drop of 25.18%, contrasting sharply with the Sensex, which has gained 8.50% during the same period. The stock is also trading below all its moving averages, suggesting a bearish trend.
In the broader market context, Mukta Arts' recent performance is notably weaker compared to the Sensex, which has shown positive returns both in the short term and year-to-date. While the stock has seen a rise in investor participation, with delivery volume increasing significantly, this has not translated into price stability or growth. The liquidity of the stock remains adequate for trading, but the overall negative sentiment and consecutive price declines indicate challenges ahead for Mukta Arts in regaining investor confidence.