Why is Man Industries falling/rising?

As of 13-Aug, Man Industries (India) Ltd is currently priced at 400.00, reflecting an increase of 3.9 points or 0.98%. The stock has shown a mixed performance recently, with a 1-week decline of 7.15% and a 1-month drop of 4.69%. However, it has outperformed its sector today by 0.41%, and the delivery volume has significantly increased by 445.53% compared to the 5-day average, indicating rising investor participation. Despite this positive movement, the company faces challenges such as a decline in PAT and net sales in the latest quarter, alongside a relatively high valuation compared to its peers, which may contribute to cautious investor sentiment.
In the broader market context, while the Sensex has remained relatively flat with a change of -0.01% over the past week, Man Industries has underperformed with a more significant decline. Over the past year, the stock has generated a return of -10.86%, contrasting with the benchmark's slight negative return of -0.64%. This underperformance, combined with concerns over poor long-term growth and high valuation metrics, suggests that while there may be short-term gains, the overall sentiment towards the stock remains cautious.