Why is Mangalam Global falling/rising?

As of 15-Oct, Mangalam Global Enterprise Ltd is experiencing a decline in its stock price, currently at Rs 15.45, which reflects a decrease of Rs 1.49 or 8.8%. Today's price summary indicates that the stock has underperformed its sector by 9.78%, with an intraday low of Rs 15.18, marking a drop of 10.39%. The stock has shown high volatility today, with an intraday volatility of 8.17%. Additionally, the delivery volume has significantly decreased by 70.08% compared to the 5-day average, suggesting falling investor participation. The stock's performance over the past week shows a decline of 9.75%, while it has gained 3.48% over the past month, indicating a mixed performance trend.
Broader market context reveals that while the Sensex has increased by 1.02% over the past week and 1.00% over the past month, Mangalam Global's recent performance contrasts sharply with these benchmarks. The stock's year-to-date return of 8.16% still outpaces the Sensex's 5.72%, but the recent downturn suggests that investor sentiment may be shifting negatively despite the overall market's stability. The stock's current price movement and declining participation could indicate a lack of confidence among investors, which may be contributing to its recent price decline.