Why is Mangalam Organic falling/rising?

As of 02-Jul, Mangalam Organics Ltd is experiencing a decline in its stock price, currently at 572.00, which reflects a decrease of 11.0 points or 1.89%. The stock has underperformed its sector today by 1% and has been on a downward trend for the last two days, accumulating a total decline of 3.87%. Despite a strong performance over the past year with a return of 54.78%, the stock has shown negative returns of 2.22% over the past week and 1.38% over the past month. Additionally, the stock's delivery volume has decreased by 18.59% compared to the five-day average, indicating falling investor participation. While the company has reported positive results for the last seven consecutive quarters, including a high return on capital employed (ROCE) of 6.74%, the long-term growth outlook is concerning due to a significant decline in operating profit over the past five years.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 0.79% over the past week and 2.50% over the past month. This underperformance relative to the benchmark indicates that investor sentiment may be shifting away from Mangalam Organics, despite its strong annual returns and attractive valuation compared to peers. The stock's PEG ratio of 0.2 suggests it is undervalued, yet the negative trends in short-term performance and declining investor interest could be contributing to the current price drop. Overall, while the company has demonstrated strong profitability growth, the recent price movement reflects concerns about its long-term growth potential and market dynamics.