Why is Mangalam Alloys falling/rising?

As of 08-Sep, Mangalam Alloys Ltd is experiencing a decline in its stock price, currently at 58.20, which reflects a decrease of 3.05 or 4.98%. The stock has underperformed its sector today by 6.27%, and its delivery volume has significantly decreased by 39.39% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has dropped by 5.83%, and it has also seen a decline of 8.92% over the past month, contrasting with a year-to-date increase of 43.70%. The stock is currently trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages, suggesting mixed momentum in its price action.
Broader market context shows that while the Sensex has gained 0.60% over the past week and 1.68% over the past month, Mangalam Alloys has not followed this upward trend, indicating a divergence from the broader market performance. The stock's year-to-date performance of 43.70% is strong compared to the Sensex's 4.77%, but the recent short-term declines suggest that investor sentiment may be shifting negatively despite the overall positive long-term trend. The absence of any specific positive or negative dashboard data limits the understanding of the underlying factors influencing the stock's recent performance.