Why is Man Industries falling/rising?

As of 12-Sep, Man Industries (India) Ltd is experiencing a price increase, currently at Rs 408.65, reflecting a rise of 1.65 (0.41%). The stock has shown a trend reversal by gaining after four consecutive days of decline, and it outperformed its sector by 0.44% today. Despite this positive movement, the stock's performance over the past week has been negative at -3.44%, although it has gained 3.17% over the past month and 24.89% year-to-date. The stock's liquidity remains adequate, but there has been a significant drop in investor participation, with delivery volume falling by 61.92% compared to the five-day average. Additionally, while the company has a low debt-to-equity ratio and has consistently outperformed the BSE500 over the last three years, its recent financial performance shows concerning trends, including a decline in net sales and profit after tax.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has increased by 1.48% over the past week. Although Man Industries has outperformed the benchmark in the longer term, its short-term decline highlights a divergence from the overall market trend. The company's valuation appears expensive relative to its peers, with a price-to-book value of 1.7, which may be contributing to investor caution. The mixed signals from its financial metrics, including a significant drop in quarterly net sales and a decline in profit after tax, suggest that while the stock is currently rising, there are underlying concerns that could impact its future performance.