Why is Malpani Pipes falling/rising?

As of 09-Sep, Malpani Pipes & Fittings Ltd is experiencing a decline in its stock price, currently at Rs 79.15, which reflects a decrease of Rs 1.3 or 1.62%. The stock opened lower today, with a loss of 2.26%, and reached an intraday low of Rs 78.11, marking a drop of 2.91%. Additionally, the stock has underperformed its sector by 1.2%. Despite these negative movements, it is noteworthy that Malpani Pipes is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a significant decline in investor participation, with delivery volume falling by 63.5% compared to the 5-day average, indicating reduced interest from investors.
In the broader market context, the stock's performance over the past week shows a slight increase of 0.27%, while the benchmark Sensex has risen by 1.18%. Over the past month, Malpani Pipes has outperformed the Sensex with a return of 4.97% compared to the benchmark's 1.56%. However, the overall sentiment appears to be negative today, as the stock's decline coincides with a drop in investor engagement and a significant opening gap down. This suggests that while the stock has had some positive momentum recently, current trading conditions and investor sentiment are contributing to its downward movement.