Why is Magna Electrocas falling/rising?

As of 23-Jul, Magna Electro Castings Ltd is experiencing a decline in its stock price, currently at Rs 1,314.00, which reflects a decrease of Rs 6.0 or 0.45%. The stock has shown a mixed performance recently; it is currently 4.64% away from its 52-week high of Rs 1,375 and has underperformed its sector by 1.24% today. Despite this, the stock has demonstrated strong growth over the longer term, with a remarkable 182.43% return over the past year and a staggering 625.37% increase over the last three years. However, the stock's recent performance has been impacted by a decrease in investor participation, as evidenced by a 28.91% drop in delivery volume compared to the five-day average.
In the broader market context, the stock's short-term performance over the past week shows a decline of 0.32%, while the benchmark Sensex has gained 0.11%. This indicates that Magna Electro Castings Ltd is lagging behind the overall market trend. The company's fundamentals remain strong, with a low debt-to-equity ratio and consistent positive results over the last five quarters, including a 43.99% growth in profit after tax. Despite these positive indicators, the recent drop in trading volume and the stock's underperformance relative to its sector may contribute to the current price decline.