Why is Manaksia Alumi. falling/rising?

As of 24-Sep, Manaksia Aluminium Company Ltd's stock price is currently at 29.88, reflecting a decrease of 0.18, or 0.6%. Today's price summary indicates that the stock has outperformed its sector by 0.84%, despite the recent decline. The stock's performance over the past week shows a drop of 3.71%, while it has gained 2.08% over the past month. Additionally, the stock has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 44.15%. The company reported positive results for the nine-month period, with net sales growing by 35.76% and a higher profit after tax of Rs 5.21 crore. The stock is trading at a discount compared to its peers, supported by a PEG ratio of 0.6, indicating attractive valuation despite its recent price movement.
Broader market context shows that the Sensex has declined by 1.18% over the past week, which is less than the stock's decline, suggesting that the stock's recent performance is not entirely reflective of broader market trends. However, the stock has outperformed the benchmark over the last month, where the Sensex has only increased by 0.50%. The significant rise in delivery volume by 800.65% against the five-day average indicates rising investor participation, which may provide some support for the stock despite its current downward movement. Overall, while the stock has faced short-term challenges, its long-term growth potential and recent positive financial results may contribute to a more favorable outlook moving forward.