Why is Mangalam Cement falling/rising?

As of 25-Sep, Mangalam Cement Ltd's stock price is currently at 738.45, reflecting a decrease of 4.1 points or 0.55%. The stock has shown mixed performance recently, with a 1-week decline of 1.07% and a 1-month increase of 3.71%. Today's price summary indicates that the stock is performing in line with its sector, although it is trading higher than the 20-day and 50-day moving averages but lower than the 5-day, 100-day, and 200-day moving averages. Notably, there has been a significant drop in investor participation, with delivery volume falling by 43.51% compared to the 5-day average. Despite a strong growth in net profit of 90.77% and positive results over the last two quarters, the stock has generated a negative return of 17.36% over the past year, with profits declining by 2.9%.
In the broader market context, the Sensex has experienced a decline of 2.23% over the past week, indicating that the stock's short-term performance is relatively better than the benchmark. Additionally, institutional investors have increased their stake in Mangalam Cement by 2.18% in the previous quarter, suggesting a growing confidence among these investors, who typically have more resources to analyze the company's fundamentals. However, the overall liquidity remains adequate for trading, with the stock being liquid enough for a trade size of Rs 0.06 crore. The combination of falling investor participation and the stock's recent price decline may reflect market caution despite the company's positive financial results.