Why is Munoth Fin.Serv. falling/rising?

As of 17-Oct, Munoth Financial Services Ltd is experiencing a decline in its stock price, currently at Rs. 47.55, which reflects a decrease of Rs. 2.49 or 4.98%. The stock has hit a new 52-week low today and has underperformed its sector by 4.94%. It has been on a downward trend for the last two days, accumulating a total drop of 9%. Although the stock opened with a 5% gain today and reached an intraday high of Rs. 52.54, it ultimately fell to its current price. The stock has also been trading below its moving averages across various time frames, indicating a bearish trend. Additionally, while there has been a significant increase in delivery volume, the overall sentiment remains negative, contributing to the stock's recent decline.
In the broader market context, Munoth Financial Services Ltd has significantly underperformed compared to the Sensex, with a one-week return of -17.32% against the benchmark's +1.76%. Over the past month, the stock has dropped 31.47%, while the Sensex has seen a modest increase of 1.52%. Year-to-date, the stock is down 30.79%, contrasting sharply with the Sensex's gain of 7.44%. This stark difference in performance highlights the challenges faced by Munoth Financial Services Ltd in the current market environment, further exacerbated by its recent price movements and the broader market's relative stability.