Why is MANGALAM SEEDS falling/rising?

As of 17-Sep, Mangalam Seeds Ltd is currently priced at 169.00, reflecting an increase of 1.0 (0.6%). The stock has experienced a trend reversal, gaining after two consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Over the past week, the stock has underperformed with a return of -2.03%, while the Sensex has risen by +1.56%. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 168.01% against the 5-day average. The company has shown positive financial results, with net sales growing by 32.04% and profit after tax increasing by 20.80% in the latest six months, although it has faced a significant decline in stock value over the past year.
Broader Market Context: In the last year, Mangalam Seeds has underperformed the broader market, generating a return of -31.30% compared to the BSE500's negative return of -2.63%. This stark contrast highlights the challenges the stock has faced despite its attractive valuation metrics, such as a low debt-to-equity ratio and a favorable return on capital employed. The stock's performance has been hindered by a significant drop in profits, which fell by 27.6% over the same period. While the stock is currently liquid enough for trading, its long-term performance remains a concern, particularly given its substantial underperformance relative to market benchmarks.