Why is Magellanic Cloud falling/rising?

As of 18-Jul, Magellanic Cloud Ltd's stock price is currently at Rs 84.40, reflecting a decrease of Rs 3.72 or 4.22%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 13.2%. Despite touching an intraday high of Rs 92.72, the stock also reached a low of Rs 81.55, indicating high volatility with an intraday fluctuation of 8.1%. Over the past week, the stock has shown a positive return of 8.39%, and over the last month, it has increased by 12.52%. However, it has experienced a significant decline of 32.70% over the past year. The company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 80.67%, which may provide some support for the stock despite its recent downturn.
In the broader market context, while Magellanic Cloud's short-term performance has been strong compared to the Sensex, which has declined by 0.90% over the past week, the stock's recent price drop indicates a divergence from this trend. The stock's performance today has underperformed its sector by 4.12%, suggesting that investor sentiment may be shifting negatively despite the overall positive long-term growth outlook. The rising investor participation, evidenced by a significant increase in delivery volume, indicates that some investors may still see potential in the stock, but the current price movement reflects a cautious market response amid high volatility.