Why is Magellanic Cloud falling/rising?

As of 30-Jul, Magellanic Cloud Ltd's stock price is currently at Rs 87.29, reflecting a decrease of Rs 1.67 or 1.88%. The stock has recently experienced a trend reversal, falling after three consecutive days of gains. Today, it reached an intraday high of Rs 91.72 but also touched a low of Rs 86.71, indicating volatility within the trading day. Despite this decline, the stock has shown strong performance over the past month with a return of 16.19%, although it has underperformed its sector today by 1.99%. Additionally, while the stock is trading above its moving averages, there has been a notable decrease in investor participation, with delivery volume falling by 11.91% compared to the five-day average. The long-term outlook remains positive due to a healthy annual growth rate of 84.65% in operating profit.
In the broader market context, Magellanic Cloud's recent performance contrasts with the benchmark Sensex, which has declined by 1.50% over the past week. The stock's one-week return of 2.95% indicates that it has outperformed the benchmark in the short term. However, the overall market sentiment appears to be cautious, as evidenced by the stock's recent price drop and reduced trading volume. Despite the stock's strong long-term growth potential, the current decline may reflect broader market trends and investor sentiment, which could be influencing trading behavior.