Why is Mysore Petro falling/rising?

As of 04-Nov, Mysore Petro Chemicals Ltd is experiencing a decline in its stock price, currently at Rs. 111.50, which reflects a decrease of Rs. 3.7 or 3.21%. The stock has hit a new 52-week low of Rs. 110 today, indicating significant downward pressure. It has underperformed its sector by 1.49% and has seen a substantial drop in investor participation, with delivery volume falling by 84.38% compared to the 5-day average. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Over the past year, the stock has declined by 41.49%, while its year-to-date performance shows a drop of 26.64%, highlighting a prolonged period of underperformance.
In the broader market context, the Sensex has shown a positive return of 6.81% year-to-date, contrasting sharply with Mysore Petro's significant losses. Over the past week, the stock has decreased by 2.32%, while the Sensex has only fallen by 1.38%, indicating that the stock is lagging behind the benchmark. The overall market conditions appear to be more favorable than those for Mysore Petro, which is reflected in its poor performance relative to the benchmark and the sector. The lack of positive factors in the dashboard further emphasizes the challenges the company is facing in the current market environment.