Why is Magellanic Cloud falling/rising?

As of 24-Sep, Magellanic Cloud Ltd's stock price is currently at Rs 83.10, reflecting a decrease of Rs 2.02 or 2.37%. The stock has underperformed its sector today by 1.71% and has experienced a trend reversal, falling after seven consecutive days of gains. It touched an intraday low of Rs 80.74, marking a decline of 5.15%. Despite this drop, the stock has shown strong performance over the longer term, with a year-to-date increase of 13.93% and a remarkable 422.64% rise over the past three years. Additionally, the operating profit has grown at an impressive annual rate of 84.65%, indicating healthy long-term growth potential.
In the broader market context, the Sensex has decreased by 1.18% over the past week while Magellanic Cloud's stock has risen by 5.52%, showcasing its relative strength in the short term. However, the stock's recent decline contrasts with its strong historical performance, as it has fallen 24.45% over the past year, while the benchmark has only declined by 3.77%. This suggests that while the stock has been resilient in the face of broader market challenges, recent price movements may reflect profit-taking after a period of gains and a need for consolidation.