Why is Mangalam Global falling/rising?

As of 07-Nov, Mangalam Global Enterprise Ltd is experiencing a decline in its stock price, currently at 13.78, which represents a decrease of 0.69 or 4.77%. The stock has underperformed its sector by 5.42% today and has been on a consecutive downward trend for the last two days, accumulating a total loss of 4.9% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also dropped significantly, with a 45.18% decrease compared to the 5-day average, suggesting falling investor participation. Unfortunately, there is no information available regarding positive or negative factors that could provide further insight into the stock's recent movement.
In the broader market context, Mangalam Global's performance over the past week shows a decline of 3.64%, while the benchmark Sensex has only decreased by 0.86%, indicating that the stock is underperforming relative to the market. Over the past month, the stock has fallen by 20.02%, contrasting sharply with the Sensex's gain of 1.57%. Year-to-date, Mangalam Global has also underperformed with a decline of 3.54% compared to the Sensex's increase of 6.50%. This consistent underperformance relative to the benchmark highlights the challenges faced by the stock in the current market environment.