Why is Mangalam Organic falling/rising?

As of 07-Nov, Mangalam Organics Ltd is currently priced at 480.00, reflecting a decline of 17.5 points or 3.52%. The stock has been underperforming, having lost 6.14% over the past week and 10.73% over the past month, while also experiencing a consecutive fall for the last three days. Today, it reached an intraday low of Rs 474, which is a drop of 4.72%. Furthermore, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a notable increase in investor participation, with delivery volume rising by 77.08% against the 5-day average, the overall sentiment remains negative, contributing to the stock's recent decline.
In the broader market context, Mangalam Organics has significantly underperformed compared to the Sensex, which has only declined by 0.86% over the past week. While the stock has shown a year-to-date gain of 8.94%, it has fallen 14.14% over the past year, contrasting sharply with the Sensex's 4.62% increase during the same period. This disparity highlights the stock's struggles relative to the market, suggesting that investor sentiment may be more favorable towards broader market trends rather than individual stock performance.