Why is Maithan Alloys falling/rising?

As of 06-Aug, Maithan Alloys Ltd. is experiencing a decline in its stock price, currently at 1,060.20, reflecting a decrease of 14.85 points or 1.38%. The stock has been on a downward trend, having lost 3.28% over the last two days and showing a 12.87% decline over the past month. Although the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages, indicating a short-term weakness. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 52.94% against the 5-day average, suggesting some interest despite the recent price drop. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.
In the broader market context, Maithan Alloys' recent performance has been weaker compared to the benchmark Sensex, which has only declined by 1.15% over the past week. The stock's year-to-date performance shows a decline of 4.49%, while the Sensex has gained 3.08% during the same period. This underperformance is further highlighted by the stock's 1-month return of -12.87% compared to the Sensex's -3.46%. Overall, the stock's recent price movement reflects a combination of short-term selling pressure and relative weakness against the broader market trends.