Why is Maithan Alloys falling/rising?

As of 05-September, Maithan Alloys Ltd. is currently priced at 1,095.45, reflecting an increase of 10.9 or 1.01%. Despite this positive movement today, the stock has underperformed its sector by 4.08%. The stock is trading above its 5-day, 20-day, 100-day, and 200-day moving averages, but below its 50-day moving average. Over the past week, the stock has gained 4.83%, while its one-month return is 1.90%. However, it has experienced a decline of 1.31% year-to-date and 1.64% over the past year, indicating a mixed performance. The company maintains a low debt-to-equity ratio and an attractive return on equity of 16.8, but its profits have decreased by 4.8% over the past year, which may be contributing to investor caution despite the stock's current valuation being at a premium compared to peers.
In the broader market context, Maithan Alloys' recent performance contrasts with the Sensex, which has increased by 1.13% over the past week. The stock's short-term return of 4.83% is significantly higher than the benchmark's performance, suggesting some positive momentum. However, the stock's year-to-date decline of 1.31% stands in stark contrast to the Sensex's gain of 3.29%, highlighting a lag in longer-term performance. The recent rise in investor participation, with a notable increase in delivery volume, may indicate growing interest, but the overall liquidity remains moderate, which could affect trading dynamics.