Why is Mangalam Alloys falling/rising?

As of 29-Sep, Mangalam Alloys Ltd is experiencing a decline in its stock price, currently at 52.90, which reflects a decrease of 2.3 or 4.17%. The stock has underperformed its sector by 3.98% today, and its delivery volume has significantly dropped by 51.22% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 7.19%, and over the past month, it has seen a more substantial decline of 14.40%. Although the stock has performed well year-to-date with a gain of 30.62%, the recent trends suggest a negative shift in momentum, with the current price being lower than the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains above the 200-day moving average.
In the broader market context, the Sensex has declined by 2.25% over the past week, which provides some context for the stock's performance, although Mangalam Alloys' decline is more pronounced. The stock's year-to-date performance is notably better than the benchmark, which has only increased by 4.19%, but the recent underperformance in the short term could be a reaction to broader market conditions or specific issues affecting investor sentiment towards the company. Overall, the combination of falling delivery volumes and a significant drop in short-term returns compared to the benchmark suggests that Mangalam Alloys is facing challenges that are impacting its stock price negatively.