Why is Mamata Machinery falling/rising?

As of 14-Jul, Mamata Machinery Ltd's stock price is currently at Rs 462.30, reflecting a decline of Rs 28.85 or 5.87%. The stock has underperformed its sector by 6.21% today and has experienced a trend reversal, falling after two consecutive days of gains. It opened with a loss of 2.87% and reached an intraday low of Rs 460.15, indicating a significant drop of 6.31%. Despite this decline, the stock has shown positive performance over the past week and month, with returns of 9.94% and 7.44%, respectively. The company has demonstrated strong fundamentals, including a low debt-to-equity ratio and impressive growth in operating profit and net profit, which have contributed to positive results in recent quarters.
In the broader market context, while Mamata Machinery has seen a decline in its year-to-date performance of 18.70%, the benchmark Sensex has increased by 5.27% during the same period. This indicates that the stock's recent struggles are occurring against a backdrop of overall market growth. However, the stock's recent performance over shorter time frames contrasts with the benchmark, as it has outperformed the Sensex over the past week and month. The rising investor participation, evidenced by a significant increase in delivery volume, suggests that there is still interest in the stock despite its current price drop.