Why is Mangalam Alloys falling/rising?

As of 09-Sep, Mangalam Alloys Ltd is currently priced at 58.05, reflecting a decrease of 0.15, or 0.26%. The stock has underperformed its sector by 0.56% today, and while it is trading higher than its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Over the past week, the stock has seen a decline of 5.84%, and over the past month, it has decreased by 9.15%. However, year-to-date, it has shown a strong performance with a gain of 43.33%. The delivery volume on September 8 has increased by 42.86% compared to the 5-day average, indicating rising investor participation, although there are no specific positive or negative factors available to further explain the stock's recent movement.
In the broader market context, the Sensex has increased by 1.18% over the past week and 2.07% over the past month, contrasting with Mangalam Alloys' declines during the same periods. This suggests that while the overall market is performing well, Mangalam Alloys is lagging behind, which may be contributing to its recent price drop. The stock's year-to-date performance remains strong compared to the Sensex's 5.18% increase, indicating that despite recent short-term challenges, the long-term outlook for Mangalam Alloys has been more favorable than the broader market.