Why is Maan Aluminium falling/rising?

As of 25-Jun, Maan Aluminium Ltd's stock price is currently at Rs 124.00, reflecting a decrease of Rs 1.25 or 1.0%. The stock has underperformed its sector by 1.23% today and has experienced a trend reversal after two consecutive days of gains. Although it reached an intraday high of Rs 128, the stock's performance over the past week shows a decline of 3.88%. Additionally, the stock has generated a return of -14.48% over the past year, while its profits have fallen by 52.6%. The company has seen a significant drop in investor participation, with delivery volume falling by 69.44% against the five-day average, indicating a lack of confidence among investors.
Broader market context reveals that while the Sensex has gained 1.61% over the past week, Maan Aluminium's performance has been notably weaker. The stock has underperformed the broader market significantly, with a year-to-date return of -1.78% compared to the Sensex's 5.91%. This underperformance, coupled with poor long-term growth indicators such as a 52.51% decline in PAT over the last six months and a low return on capital employed, suggests that investors are cautious about the stock's future prospects. The absence of domestic mutual fund investment further highlights a lack of confidence in the company's valuation and business outlook.