Why is Mangalam Industr falling/rising?

As of 25-Sep, Mangalam Industrial Finance Ltd is experiencing a decline in its stock price, currently at 1.68, which reflects a decrease of 0.14 or 7.69%. The stock has underperformed its sector by 6.33% today, and while it is trading higher than its 50-day and 100-day moving averages, it is below the 5-day, 20-day, and 200-day moving averages. The stock has shown significant negative returns over various periods, including a year-to-date decline of 54.47% and a one-year decline of 54.96%. Notably, there has been a rise in investor participation, with delivery volume increasing by 173.65% compared to the 5-day average, indicating some interest despite the overall downward trend.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 2.23% over the past week and has gained 3.87% year-to-date. This stark difference highlights the stock's struggles relative to the market. The significant underperformance over the past year and three years, where the stock has dropped 64.41% compared to a 39.69% gain in the benchmark, suggests that investor sentiment remains weak. Overall, the combination of poor historical performance and current price movement indicates ongoing challenges for Mangalam Industrial Finance Ltd in attracting investor confidence.