Why is Malpani Pipes falling/rising?

As of 10-Nov, Malpani Pipes & Fittings Ltd is experiencing a decline in its stock price, currently at Rs 77.38, which represents a decrease of 3.82 or 4.7%. The stock has underperformed its sector by 5.32% today and has fallen after three consecutive days of gains. It opened with a loss of 4.93% and touched an intraday low of Rs 77.2. Additionally, the stock's delivery volume has decreased significantly, falling by 44.44% against the 5-day average, indicating a drop in investor participation. The stock is trading above the 100-day and 200-day moving averages but below the 5-day, 20-day, and 50-day moving averages, suggesting a mixed technical outlook. There is no available information on positive or negative factors impacting the stock.
Broader Market Context: In the context of market performance, Malpani Pipes has shown a 1-week return of -2.09%, which is significantly worse than the Sensex's decline of only 0.53%. However, over the past month, the stock has outperformed the benchmark with a return of 9.02% compared to the Sensex's 1.25%. This indicates that while the stock is currently facing short-term challenges, it has had a relatively strong performance in the preceding month compared to the broader market.