Why is Magna Electrocas falling/rising?

As of 14-Jul, Magna Electro Castings Ltd is experiencing a decline in its stock price, currently at Rs 1,272.00, which reflects a decrease of Rs 37.0 or 2.83%. The stock has underperformed its sector by 1.97% today and has been on a downward trend for the last three days, accumulating a total decline of 5.43% during this period. Despite its strong performance over the past year, with a remarkable return of 157.49%, the stock has recently faced challenges, including a significant drop in delivery volume, which fell by 74% against the 5-day average. Additionally, while the stock remains above its longer-term moving averages, it is currently below its 5-day moving average, indicating a short-term weakness.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only declined by 1.42% over the past week. Although Magna Electro Castings has shown impressive long-term growth, with a staggering 626.86% increase over three years, the current short-term underperformance may be attributed to falling investor participation and liquidity concerns. The company's low debt-to-equity ratio and consistent positive results over the last five quarters indicate a solid financial foundation, but these factors have not been sufficient to counteract the recent price decline in the face of broader market pressures.