Why is Mysore Petro falling/rising?

As of 10-Nov, Mysore Petro Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 106.00, which reflects a decrease of Rs 2.05 or 1.9%. The stock has been underperforming recently, having fallen for four consecutive days, resulting in a total decline of 7.99% over the past week. Additionally, it is trading close to its 52-week low, just 1.89% above Rs 104. The stock's performance has been notably poor over longer periods, with a year-to-date decline of 30.26% and a one-year drop of 47.58%. It is also trading below all key moving averages, indicating a bearish trend. While there has been a slight increase in delivery volume, suggesting some rising investor participation, the overall sentiment remains negative.
In the broader market context, Mysore Petro's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.53% over the past week and has gained 6.91% year-to-date. This stark difference highlights the stock's significant underperformance relative to the market. The stock's liquidity appears adequate for trading, but the persistent downward movement and negative returns over various periods indicate a lack of investor confidence, further contributing to its decline.