Why is Maan Aluminium falling/rising?

As of 02-Jul, Maan Aluminium Ltd's stock price is currently at 122.50, reflecting an increase of 0.6 or 0.49%. The stock has shown a trend reversal by gaining after three consecutive days of decline. It is performing in line with its sector today, with a notable increase in delivery volume, which rose by 113.06% against the five-day average. However, despite a positive short-term movement, the stock has underperformed over the past year, generating a return of -12.78%, while its profits have significantly decreased by 52.6%. The company's long-term growth prospects appear poor, with net sales growing at an annual rate of only 9.10% and operating profit at 14.58% over the last five years. Additionally, the lack of domestic mutual fund investment may indicate a lack of confidence in the stock's valuation.
In the broader market context, Maan Aluminium's recent performance contrasts with the benchmark Sensex, which has gained 0.79% over the past week and 2.50% over the past month. While the stock has shown a slight uptick today, its year-to-date performance remains negative at -2.97%, compared to the Sensex's positive return of 6.75%. This underperformance highlights the challenges faced by Maan Aluminium in attracting investor interest, especially given its expensive valuation relative to peers and the significant drop in profits. Overall, while there are some positive indicators in the short term, the stock's long-term outlook remains concerning, contributing to its fluctuating price movements.