Why is Maan Aluminium falling/rising?

As of 25-Jul, Maan Aluminium Ltd's stock price is currently at 120.00, reflecting a decrease of 1.0, or 0.83%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 1.64% during this period. It has also underperformed in the short term, with a 1-week return of -0.58% compared to the Sensex's -0.36%. The stock's delivery volume has significantly decreased by 48.04% against its 5-day average, indicating falling investor participation. Additionally, the company's long-term growth prospects appear poor, with net sales growing at an annual rate of only 9.10% and a substantial decline in profits, as evidenced by a 52.51% drop in PAT over the last six months.
In the broader market context, Maan Aluminium's performance has been notably weaker than the benchmark, with a 1-year return of -12.82% compared to the BSE500's -0.19%. This stark contrast suggests that the stock has not only struggled in isolation but has also lagged behind the overall market trends. The company's valuation appears expensive relative to its return on capital employed, and the lack of investment from domestic mutual funds may indicate a lack of confidence in its current price or business fundamentals. Overall, these factors contribute to the stock's recent decline, reflecting both company-specific challenges and broader market dynamics.