Why is Manaksia Coated falling/rising?

As of 17-Jul, Manaksia Coated Metals & Industries Ltd is experiencing a slight decline in its stock price, currently at Rs 144.25, which reflects a decrease of 0.65 or 0.45%. Despite this recent drop, the stock has shown strong performance over various time frames, with a 136.63% increase over the past year and an impressive 649.35% rise over the last three years. Today's price summary indicates that the stock is trading higher than its moving averages across multiple time frames, and there has been a significant increase in investor participation, with delivery volume rising by 576.36% compared to the 5-day average. However, it has underperformed its sector by 0.89% today and has fallen after two consecutive days of gains, suggesting a potential trend reversal.
In the broader market context, while Manaksia Coated has outperformed the Sensex over the past week, month, and year-to-date, the benchmark has shown a decline of 1.12% over the past week, contrasting with the stock's 7.25% increase. This indicates that while the stock is facing a minor setback today, its overall performance remains strong relative to the market. The stock's long-term market-beating performance and its liquidity suggest that it remains an attractive option for investors, despite the recent fluctuations.