Why is Mahamaya Steel falling/rising?

As of 08-Jul, Mahamaya Steel Industries Ltd's stock price is currently at Rs 340.90, reflecting a decrease of 1.0 (-0.29%). The stock has been underperforming recently, having fallen for three consecutive days, resulting in a 2.26% decline over the past week. Despite this short-term downturn, the stock has shown strong performance over the longer term, with a remarkable 233.24% increase over the past year and a 66.29% rise year-to-date. However, today's trading activity indicates high volatility, with an intraday volatility of 1582.63%, and a significant drop in delivery volume by 66.57% compared to the five-day average, suggesting a decline in investor participation.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has seen a slight increase of 0.02% over the past week. While Mahamaya Steel has outperformed the benchmark significantly over longer periods, the current short-term decline may be influenced by the recent erratic trading patterns and high volatility. The company's strong financial results, including a 307.77% growth in net profit and a high inventory turnover ratio, indicate underlying strength; however, the recent price movement suggests that investors may be reacting to the short-term performance and liquidity concerns.