Why is Mangalam Organic falling/rising?

As of 17-Nov, Mangalam Organics Ltd is experiencing a significant decline in its stock price, currently at Rs 486.45, which represents a decrease of Rs 54.05 or 10.0%. The stock has underperformed its sector by 10.35% today and has been on a downward trend for the last three days, accumulating a total loss of 10.45% during this period. It opened with a substantial loss of 7.49% and reached an intraday low of Rs 486.45. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 31.57% compared to the 5-day average, suggesting a decline in investor participation.
In the broader market context, Mangalam Organics has shown a negative return of 1.88% over the past week, while the benchmark Sensex has gained 1.69%. Over the past month, the stock has decreased by 3.37%, contrasting with the Sensex's increase of 1.19%. Year-to-date, however, Mangalam Organics has a positive return of 10.41%, outperforming the Sensex's 8.72%. Despite this positive year-to-date performance, the recent declines and underperformance relative to both its sector and the benchmark indicate a challenging environment for the stock in the short term.