Why is Mangalam Alloys falling/rising?

As of 25-Jun, Mangalam Alloys Ltd is experiencing a price increase, with its current price at Rs. 71.95, reflecting a rise of 1.4 (1.98%). The stock has shown strong performance recently, with a notable 1-week return of +10.27% and a remarkable 1-month return of +125.90%. Additionally, it has reached a new 52-week high of Rs. 60.35 today and is trading above all key moving averages, indicating positive momentum. However, there is a concerning trend in investor participation, as the delivery volume has decreased by 60.57% compared to the 5-day average, which may suggest a reduction in buying interest. Unfortunately, the Positive and Negative Dashboard data is unavailable, leaving a gap in understanding the full context of the stock's movement.
In the broader market context, Mangalam Alloys has significantly outperformed the benchmark Sensex, which has only increased by 1.74% over the past week. This stark contrast highlights the stock's strong performance relative to the market, particularly in the short term. The stock's year-to-date return of +77.65% also surpasses the Sensex's +6.77%, further emphasizing its robust growth trajectory. Overall, while the stock is rising, the decline in investor participation could pose a risk to its continued upward momentum.