Why is Mangalam Alloys falling/rising?

As of 22-Sep, Mangalam Alloys Ltd is experiencing a decline in its stock price, currently at 57.00, reflecting a decrease of 0.25 or 0.44%. The stock's performance today is in line with its sector, but it is trading lower than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains higher than the 200-day moving average. Notably, there has been a significant increase in investor participation, with delivery volume rising by 87.5% compared to the 5-day average. Over the past week, the stock has decreased by 4.76%, and over the past month, it has fallen by 6.33%, despite a strong year-to-date return of 40.74%.
In the broader market context, the Sensex has shown a positive return of 0.53% over the past week and 1.34% over the past month, contrasting with Mangalam Alloys' recent declines. This indicates that while the overall market is performing well, Mangalam Alloys is underperforming relative to the benchmark. The stock's year-to-date performance is significantly better than the Sensex, which has only gained 6.59%, suggesting that the recent downturn may be a correction after a strong run rather than a reflection of broader market weakness.