Why is Man Industries falling/rising?

As of 05-Aug, Man Industries (India) Ltd is experiencing a decline in its stock price, currently at Rs 445.75, which reflects a decrease of Rs 8.15 or 1.8%. The stock has underperformed its sector today by 1.86%, reaching an intraday low of Rs 442.85, which is a drop of 2.43%. Despite this decline, the stock has shown positive performance over the past month, with a return of 3.35%, and has significantly outperformed the benchmark Sensex over the year and three years, with returns of 8.52% and 360.01% respectively. However, there has been a notable decrease in investor participation, with delivery volume falling by 41.1% compared to the 5-day average, which may indicate reduced interest among investors.
In the broader market context, the stock's performance over the past week shows a decline of 1.99%, while the Sensex has decreased by only 0.77%, suggesting that Man Industries is underperforming relative to the market. The stock is trading above its moving averages across various time frames, indicating a generally positive trend over the longer term. However, the recent drop in delivery volume and the stock's underperformance today could be contributing factors to its current price decline, reflecting a potential shift in investor sentiment despite its strong historical performance.