Why is Maan Aluminium falling/rising?

As of 18-Jul, Maan Aluminium Ltd's stock price is currently at Rs 120.70, reflecting an increase of Rs 1.4, or 1.17%. The stock has shown a positive performance today, having outperformed its sector by 1.1% and achieving a consecutive gain over the last two days with a total return of 1.43%. However, despite this recent uptick, the stock has underperformed over the past month with a decline of 6.43% and a year-to-date drop of 4.40%. Key concerns include a significant decrease in net profit after tax by 52.51% over the last six months and a poor long-term growth outlook, with net sales growing at only 9.10% annually over the past five years. Additionally, the stock's valuation appears expensive relative to its return on capital employed, and domestic mutual funds hold no stake in the company, indicating a lack of confidence in its prospects.
Broader market context shows that while Maan Aluminium has gained 1.17% today, the benchmark Sensex has experienced a decline of 0.90% over the past week. This suggests that the stock's recent rise is somewhat isolated, as it has not kept pace with broader market trends over longer periods, including a 13.13% decline over the past year compared to the Sensex's modest gain of 0.51%. The stock's performance relative to the market indicates ongoing investor skepticism, particularly given its substantial underperformance in the last year and the significant drop in investor participation, as evidenced by an 85.44% decrease in delivery volume.