Why is Mangalam Alloys falling/rising?

As of 04-Sep, Mangalam Alloys Ltd is experiencing a slight decline in its stock price, currently at 58.55, reflecting a decrease of 0.05 or 0.09%. The stock has underperformed in the short term, with a 1-week return of -5.26% and a 1-month return of -13.90%. Today's performance indicates that it has outperformed its sector by 0.69%, but the stock's delivery volume has fallen significantly, down 28.57% compared to the 5-day average, suggesting a decrease in investor participation. Additionally, while the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages, indicating mixed signals regarding its short-term momentum.
In the broader market context, the Sensex has shown a positive return of 0.95% over the past week, contrasting with Mangalam Alloys' decline. This divergence highlights the stock's underperformance relative to the benchmark. Despite a strong year-to-date return of 44.57% and a 1-year return of 50.13%, the recent trends suggest that investor sentiment may be shifting negatively, influenced by the falling delivery volumes and the stock's inability to maintain momentum against the backdrop of a rising market.