Why is Man Industries falling/rising?

As of 27-Jun, Man Industries (India) Ltd is currently priced at 405.15, reflecting a decrease of 1.95, or 0.48%. The stock has been underperforming, having fallen for the last two days with a total decline of 1.27%. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 7.74% and 10.33%, respectively. Additionally, the company has demonstrated solid fundamentals, including a low debt-to-equity ratio of 0.08 and impressive growth in profit before tax and net sales in the latest quarter. The stock is trading at a premium compared to its peers, with a PEG ratio of 0.5, indicating fair valuation relative to its earnings growth.
In the broader market context, while Man Industries has underperformed its sector by 0.3% today, it has significantly outpaced the benchmark Sensex over various periods, including a year-to-date return of 23.82% compared to the Sensex's 7.58%. This indicates that while the stock is experiencing a short-term decline, its long-term trajectory remains strong relative to the market. The increase in investor participation, as evidenced by a 48.09% rise in delivery volume, suggests ongoing interest in the stock, which may help stabilize its price in the future.