Why is Mangalam Alloys falling/rising?

As of 19-Sep, Mangalam Alloys Ltd is experiencing a decline in its stock price, currently at 57.25, which reflects a decrease of 3.0 or 4.98%. The stock has underperformed its sector today by 5.18%. In terms of returns, the stock has shown a slight increase of 0.44% over the past week but has decreased by 9.34% over the last month. Year-to-date, it has performed well with a rise of 41.36%, significantly outpacing the Sensex's 7.11% increase. The stock's delivery volume has seen a notable rise of 94.44% against the 5-day average, indicating increased investor participation, although the absence of specific positive or negative factors makes it difficult to pinpoint the exact reasons for the current price movement.
Broader market context shows that while Mangalam Alloys has had a strong year-to-date performance, its recent monthly decline contrasts with the Sensex, which has gained 1.39% in the same timeframe. This suggests that the stock's recent struggles may be more pronounced compared to the overall market trend. Additionally, while the stock is trading above its 100-day and 200-day moving averages, it is below its shorter-term moving averages, indicating mixed signals in its price momentum. Overall, the combination of underperformance relative to the sector and the recent decline in monthly returns may be contributing to the stock's current downward trajectory.