Why is Multibase India falling/rising?

As of 23-Sep, Multibase India Ltd is experiencing a decline in its stock price, currently at Rs 246.00, which represents a decrease of Rs 9.5 or 3.72%. The stock has underperformed its sector by 3.16% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 242, reflecting a drop of 5.28%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The year-to-date performance shows a significant decline of 27.34%, contrasting with the Sensex's gain of 5.07%. The delivery volume has also decreased by 5.54% compared to the 5-day average, suggesting falling investor participation.
In the broader market context, the stock's short-term performance over the past week shows a slight decline of 0.22%, which is better than the Sensex's drop of 0.34%. However, the overall trend indicates that Multibase India has struggled significantly over the longer term, with a year-to-date decline compared to the benchmark's positive return. The high dividend yield of 20.78% may provide some support to the stock, but the lack of positive factors and the current negative momentum are contributing to its downward price movement.