Why is Mangalam Alloys falling/rising?

As of 16-Sep, Mangalam Alloys Ltd is currently priced at 59.00, reflecting a decrease of 0.85, or 1.42%. The stock has underperformed its sector today by 2.08%. Despite this decline, the stock has shown positive performance over the past week, with a return of 1.64%, although it has lagged behind the benchmark Sensex, which gained 1.49%. Year-to-date, Mangalam Alloys has significantly outperformed the Sensex with a return of 45.68% compared to the benchmark's 6.74%. The stock's delivery volume has notably increased by 252.94% against the 5-day average, indicating rising investor participation, which could be a positive sign for future performance. However, the absence of specific positive or negative factors in the dashboard limits a deeper analysis of the stock's recent movement.
Broader Market Context: In the short term, while Mangalam Alloys has shown a return of 1.64% over the past week, it has still underperformed relative to the Sensex, which has increased by 1.49%. This suggests that while the stock has been gaining, it is not keeping pace with the broader market. Additionally, the stock's performance over the last month is also lower than that of the Sensex, which indicates a potential trend of underperformance in the near term despite its strong year-to-date gains.