Why is Mangalam Organic falling/rising?

As of 25-Jul, Mangalam Organics Ltd is experiencing a decline in its stock price, currently at Rs 477.00, which reflects a decrease of Rs 24.0 or 4.79%. The stock has underperformed its sector by 3.49% today and has fallen after three consecutive days of gains. It touched an intraday low of Rs 470, marking a drop of 6.19%. Over the past week, the stock has decreased by 2.82%, and in the last month, it has seen a significant decline of 18.46%. Despite positive results over the last seven quarters and a strong return of 11.32% over the past year, the stock's recent performance has been hindered by falling investor participation, with delivery volume dropping by 32.95% compared to the five-day average.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as the Sensex has only declined by 0.36% over the past week. While Mangalam Organics has shown strong fundamentals, including a high return on capital employed and attractive valuations compared to peers, the recent price drop indicates market volatility and investor sentiment challenges. Institutional investors have increased their stake, which could provide some support; however, the current liquidity and trading volume suggest a cautious approach among retail investors. Overall, the combination of recent price movements, declining participation, and broader market conditions contributes to the stock's current downward trend.