Why is Mangalam Organic falling/rising?

As of 11-Nov, Mangalam Organics Ltd's stock price is currently at 520.25, reflecting an increase of 24.5, or 4.94%. The stock has shown a positive performance today, outperforming its sector by 4.41%, and has been on a consecutive gain for the last two days, rising by 8.39% during this period. Despite a slight decline of 1.56% over the past month, the stock has performed well year-to-date with an increase of 18.08%. However, it is important to note that there has been a decrease in investor participation, with delivery volume falling by 34.76% against the 5-day average, which may indicate a potential concern regarding sustained interest in the stock.
Broader market context shows that while Mangalam Organics has outperformed the Sensex in the past week with a return of 3.02% compared to the Sensex's 0.49%, it has lagged behind the benchmark over the longer term, particularly in the past month and year. The stock's performance is currently above its 5-day, 20-day, and 200-day moving averages, but below the 50-day and 100-day moving averages, suggesting mixed signals regarding its momentum. Overall, while the recent price increase indicates positive short-term sentiment, the decline in delivery volume and longer-term underperformance relative to the benchmark may raise questions about the stock's sustainability in this upward trend.