Why is Mamata Machinery falling/rising?

As of 06-Aug, Mamata Machinery Ltd's stock price is currently at Rs 465.50, reflecting an increase of Rs 5.55, or 1.21%. The stock has shown a trend reversal today, gaining after four consecutive days of decline. It outperformed its sector by 2.6% and reached an intraday high of Rs 473, which is a 2.84% increase. However, the stock's performance over the past week shows a significant decline of 11.52%, while it has gained 12.85% over the past month. Despite this recent uptick, the stock is down 18.13% year-to-date. Notably, investor participation has decreased, with delivery volume falling by 49.51% compared to the five-day average, indicating a potential concern regarding liquidity and investor confidence.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 1.15% over the past week, Mamata Machinery's recent performance is relatively stronger, especially considering its 12.85% gain over the past month against the Sensex's 3.46% decline. This suggests that while the stock has faced challenges in the short term, it has managed to recover better than the broader market in the recent month. The liquidity of the stock remains adequate for trading, but the falling investor participation could pose risks for future price movements.