Why is Mamata Machinery falling/rising?

As of 01-Aug, Mamata Machinery Ltd's stock price is currently at Rs 486.20, reflecting a decline of Rs 36.8 or 7.04%. The stock has underperformed its sector today by 6.37% and has experienced a consecutive fall over the last two days, with a total decrease of 9.01%. The stock touched an intraday low of Rs 476.4, indicating significant selling pressure. Over the past week, the stock has decreased by 5.78%, while it has shown a positive return of 22.47% over the past month. Despite the recent downturn, the company has demonstrated strong long-term growth, with operating profit increasing at an annual rate of 85.43% and net profit growing by 226.74%, which may provide some support for the stock in the future.
Broader market context indicates that while Mamata Machinery's stock has struggled recently, the benchmark Sensex has only declined by 1.06% over the past week. This suggests that the stock's poor performance is more pronounced compared to the broader market. Additionally, the company's low debt-to-equity ratio and consistent positive results over the last two quarters may indicate underlying strength, but the falling investor participation, as evidenced by a 30.69% drop in delivery volume, could be contributing to the stock's current decline. Overall, the combination of recent price movements and broader market conditions reflects a challenging environment for Mamata Machinery Ltd at this time.