Why is Maan Aluminium falling/rising?

As of 11-Nov, Maan Aluminium Ltd's stock price is currently at 133.35, reflecting a decline of 5.25, or 3.79%. The stock has been underperforming, having fallen consecutively for the last two days with a total drop of 5.26% in that period. Additionally, the stock's performance over the past week shows a significant decline of 9.41%, while its one-year return is also negative at -12.47%. The company has experienced a decrease in investor participation, with delivery volume dropping by 46.34% compared to the five-day average, indicating a lack of confidence among investors. The recent financial results have been disappointing, with a substantial decline in profit before tax and profit after tax compared to previous quarters, contributing to a perception of poor long-term growth potential.
In the broader market context, Maan Aluminium's recent performance contrasts sharply with the benchmark, as the Sensex has gained 0.49% over the past week. While the stock has generated a positive return of 5.62% year-to-date, it still lags behind the benchmark's 7.34% return. The company's valuation appears expensive relative to its return on capital employed, and the absence of domestic mutual fund investment may indicate a lack of confidence in its future prospects. Overall, the combination of negative financial results, declining investor interest, and underperformance relative to the market has contributed to the stock's downward movement.