Why is Maithan Alloys falling/rising?

As of 25-Aug, Maithan Alloys Ltd. is experiencing a decline in its stock price, currently at 1,080.00, which reflects a decrease of 9.0 or 0.83%. The stock has been losing value for the last two days, with a total drop of 1.46% during this period. Additionally, the stock's performance over the past week and month shows negative returns of -2.36% and -4.85%, respectively. While the stock is trading above its 100-day and 200-day moving averages, it is below the 5-day, 20-day, and 50-day moving averages. Furthermore, there has been a significant drop in investor participation, with delivery volume falling by 55.31% compared to the 5-day average. Despite a low debt-to-equity ratio and an attractive return on equity of 16.8, the stock has generated a return of -1.82% over the past year, with profits decreasing by 4.8%.
In the broader market context, the Sensex has shown a positive return of 0.45% over the past week, contrasting with Maithan Alloys' negative return of -2.36% during the same period. This underperformance relative to the benchmark indicates that the stock is not keeping pace with the overall market trend. The stock's valuation is currently at a premium compared to its peers' historical averages, which may also contribute to investor caution. Overall, the combination of declining investor interest, negative short-term returns, and a lack of significant positive catalysts appears to be driving the stock's recent downward movement.