Why is Mangalam Alloys falling/rising?

As of 24-Sep, Mangalam Alloys Ltd is experiencing a price increase, with its current price at 58.10, reflecting a rise of 1.1 or 1.93%. The stock has outperformed its sector today by 2.06%. However, it is important to note that the stock has shown a decline of 4.52% over the past month, despite a strong year-to-date performance of 43.46%. The stock is currently trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages. Additionally, there has been a decrease in investor participation, with delivery volume falling by 6.25% compared to the 5-day average, indicating a potential concern for future trading activity. 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 underperformed compared to the benchmark Sensex over the past week, with the stock down 1.11% while the Sensex decreased by 1.08%. However, the stock has significantly outperformed the Sensex year-to-date, with a return of 43.46% compared to the benchmark's 5.97%. This contrast highlights the stock's strong performance over a longer period, despite recent short-term challenges. Overall, while the stock is currently rising, the recent decline in investor participation and mixed performance against the benchmark may suggest caution among investors.