Why is Mangalam Alloys falling/rising?

As of 15-Sep, Mangalam Alloys Ltd is experiencing a price increase, currently at 59.85, reflecting a change of 2.85 or 5.0% upward. The stock has outperformed its sector today by 4.13%, although it is currently above the 5-day, 100-day, and 200-day moving averages, but below the 20-day and 50-day moving averages. Despite this positive movement, there has been a notable decline in investor participation, with delivery volume dropping by 75% against the 5-day average. Year-to-date, the stock has shown a remarkable return of 47.78%, significantly outperforming the Sensex, which has only increased by 6.02%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Mangalam Alloys has demonstrated a strong short-term performance compared to the benchmark, with a 1-week return of 2.84% against the Sensex's 1.20%. This trend of outperformance continues over the 1-month period as well, where the stock has gained 1.96% compared to the Sensex's 1.78%. The stock's ability to maintain a positive trajectory in a market that has seen mixed results, particularly with its substantial year-to-date gains, indicates a strong position relative to broader market trends.