Why is Maan Aluminium falling/rising?

As of 20-Jun, Maan Aluminium Ltd's stock price is currently at 124.15, reflecting a decrease of 2.75, or 2.17%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 5.8% over the past week. Today's trading saw the stock open down by 3.07% and reach an intraday low of Rs 120.45. Additionally, the stock's delivery volume has significantly decreased, indicating falling investor participation. Over the past year, Maan Aluminium has generated a return of -17.23%, while its profits have plummeted by 52.6%, contributing to a perception of poor long-term growth and leading to a lack of interest from domestic mutual funds.
In contrast, the broader market, represented by the Sensex, has shown positive movement, with a return of 1.59% over the past week and 5.46% year-to-date. Maan Aluminium's recent performance starkly contrasts with the benchmark, as it has underperformed the market significantly over the last year. This disparity highlights the stock's struggles amidst a generally favorable market environment, further exacerbated by its expensive valuation relative to its peers and the flat results reported in March. The combination of these factors has led to a decline in the stock price, reflecting investor concerns about its growth prospects and overall market confidence.