Why is Mysore Petro falling/rising?

As of 11-Sep, Mysore Petro Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 119.10, reflecting a decrease of Rs 1.3 or 1.08%. The stock has underperformed its sector by 0.94% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 2.85%. 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 delivery volume has also seen a significant drop of 67.34% compared to the 5-day average, suggesting a decrease in investor participation. Despite a high dividend yield of 3.74%, these factors contribute to the stock's recent decline.
In the broader market context, Mysore Petro's performance over the past week shows a decline of 1.89%, while the Sensex has gained 1.03%, highlighting a significant underperformance relative to the benchmark. Over the past month, the stock has decreased by 0.79%, contrasting with the Sensex's increase of 1.17%. Year-to-date, Mysore Petro has fallen by 21.64%, while the Sensex has risen by 4.36%. This stark difference in performance underscores the challenges faced by Mysore Petro in the current market environment, further exacerbated by the recent trends in investor sentiment and participation.