Why is Mangalam Alloys falling/rising?

As of 10-Sep, Mangalam Alloys Ltd is currently priced at 59.00, reflecting an increase of 0.95, or 1.64%. The stock has outperformed its sector today by 1.53%. However, it is important to note that the stock's delivery volume has significantly decreased, falling by 84.38% compared to the 5-day average, indicating a decline in investor participation. In terms of performance, the stock has shown a year-to-date increase of 45.68%, which is substantially higher than the Sensex's 5.62% gain, but it has underperformed over the last month with a decline of 7.67% compared to the Sensex's increase of 2.50%. Unfortunately, there is no specific information available regarding positive or negative factors affecting the stock.
Broader Market Context: In the short term, Mangalam Alloys has experienced a 1W return of +0.68%, which is lower than the Sensex's return of +1.04% over the same period. This suggests that while the stock is currently rising, it is not keeping pace with the broader market's performance. The stock's moving averages indicate that it is performing better than the 100-day and 200-day averages, but it is lagging behind the shorter-term averages of 5-day, 20-day, and 50-day, which may reflect mixed investor sentiment. Overall, the recent price increase may be influenced by short-term trading dynamics, despite the notable drop in delivery volume and the stock's recent underperformance relative to the benchmark.