Why is Mangalam Organic falling/rising?

As of 28-Jul, Mangalam Organics Ltd is currently priced at 470.00, reflecting a decrease of 7.0 points or 1.47%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 6.19%. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has experienced a significant drop in delivery volume, falling by 62.95% against the 5-day average, which suggests reduced investor interest. Despite a year-over-year return of 10.33% and positive financial results over the last seven quarters, the stock's recent performance has been negatively impacted by a decline of 18.26% over the past month.
In the broader market context, Mangalam Organics has outperformed the benchmark Sensex over the past year, which has seen a decline of 0.54%. However, in the short term, the stock has underperformed the market, with a 1-week return of +0.78% compared to the Sensex's -1.59%. This indicates that while the company has shown resilience in the long term, its recent price movement reflects a lack of investor confidence, possibly exacerbated by falling participation and liquidity issues. The increase in institutional investor stakes may provide some support, but the current trends suggest a cautious outlook for the stock in the near term.