Why is Mamata Machinery falling/rising?

As of 08-Aug, Mamata Machinery Ltd's stock price is currently at Rs 460.30, reflecting a decline of Rs 17.4 or 3.64%. The stock has underperformed its sector by 2.25% today and has experienced a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 455, marking a drop of 4.75%. Additionally, the stock's delivery volume has significantly decreased by 51.29% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has declined by 5.33%, while it has shown a positive return of 11.18% over the past month. However, year-to-date, the stock is down 19.05%, contrasting with the Sensex, which has gained 2.20%.
In the broader market context, Mamata Machinery's recent performance is notably weaker than the benchmark Sensex, which has only declined by 0.92% over the past week. This underperformance suggests that investor sentiment towards Mamata Machinery is particularly negative compared to the overall market. The stock's moving averages indicate a mixed trend, being higher than the 50, 100, and 200-day averages but lower than the 5 and 20-day averages, which may contribute to uncertainty among investors. Overall, the combination of declining investor participation and a significant drop in price today reflects a challenging environment for Mamata Machinery Ltd amidst a relatively stable broader market.