Why is Magellanic Cloud falling/rising?

As of 17-Sep, Magellanic Cloud Ltd's stock price is currently at 78.75, reflecting an increase of 0.36 or 0.46%. The stock's performance today is in line with its sector, although it is trading higher than its 5-day, 100-day, and 200-day moving averages, while being lower than its 20-day and 50-day moving averages. Despite a recent 1-week return of +0.64% and a 1-month return of +5.56%, the stock has significantly underperformed over the past year with a decline of -37.55%. The company's operating profit has shown healthy long-term growth at an annual rate of 84.65%, but recent results indicate a concerning trend, with a PAT growth of -23.23% over the last six months and a profit decline of -5.9% over the past year. Additionally, the lack of domestic mutual fund investment, holding only 0% of the company, may reflect a lack of confidence in the stock's valuation.
Broader Market Context: In comparison to the benchmark Sensex, which has returned +1.56% over the past week and +2.60% over the past month, Magellanic Cloud Ltd's recent performance has been relatively weak. The stock's year-to-date return of +7.97% is better than the benchmark's +5.83%, but the stark contrast in the one-year performance, where the stock has fallen by -37.55% against the Sensex's -0.46%, highlights its significant underperformance in the broader market context. This disparity suggests that while the stock may have short-term gains, its long-term outlook remains challenged, particularly given the declining investor participation and the expensive valuation metrics compared to its peers.