Why is MANGALAM SEEDS falling/rising?

As of 23-Sep, Mangalam Seeds Ltd is currently priced at Rs 166.00, reflecting an increase of Rs 2.0 or 1.22%. Today, the stock opened with a significant gain of 4.88%, reaching an intraday high of Rs 172. However, despite this positive movement today, the stock has underperformed over the past week and month, with returns of -1.19% and -3.77%, respectively. Additionally, the stock is trading below its moving averages across various time frames, indicating a potential bearish trend. The delivery volume has also decreased significantly, falling by 37.13% compared to the 5-day average, suggesting a decline in investor participation.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, while Mangalam Seeds has outperformed its sector by 1.89% today. Despite the stock's recent positive movement, its year-to-date performance remains concerning, with a decline of 20.38% compared to a 5.07% increase in the Sensex. This indicates that while there may be short-term gains, the overall trend for Mangalam Seeds is still negative when viewed in the context of broader market performance and historical returns.