Why is Maiden Forgings falling/rising?

As of 27-Jun, Maiden Forgings Ltd is experiencing a decline in its stock price, currently at Rs 82.50, which reflects a decrease of Rs 1.0 or 1.2%. The stock has underperformed its sector by 1.02% today and has fallen after three consecutive days of gains. It touched an intraday low of Rs 81.01, indicating a drop of 2.98%. Despite this decline, the stock has shown positive momentum over the past week and month, with returns of 14.98% and 17.86%, respectively. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Notably, investor participation has increased significantly, with a delivery volume rise of 333.33% compared to the 5-day average, suggesting heightened interest despite the current price drop.
In the broader market context, Maiden Forgings' recent performance contrasts with the Sensex, which has gained 2.00% over the past week and 3.07% over the past month. While the stock has shown strong short-term returns, its year-to-date performance is lagging behind the benchmark, with a gain of only 6.12% compared to the Sensex's 7.58%. The stock's decline today may be attributed to profit-taking after its recent gains and the overall market conditions, which have favored broader indices. The absence of specific positive or negative factors in the dashboard limits further insights into the reasons behind the stock's current movement.