Why is Mangalam World. falling/rising?

As of 10-Nov, Mangalam Worldwide Ltd's stock price is currently at 216.10, reflecting a decrease of 13.55 points or 5.9%. The stock has underperformed its sector today by 6.42%, and its delivery volume has significantly dropped by 60.23% compared to the 5-day average, indicating falling investor participation. Despite a strong performance over the past year with a return of 32.58% and positive financial results, including a 26.98% growth in net sales, the stock's recent movement suggests a decline in investor confidence, as it is currently lower than the 5-day, 20-day, and 50-day moving averages, although it remains above the 100-day and 200-day moving averages.
In the broader market context, Mangalam Worldwide Ltd's short-term performance has been notably weaker than the benchmark, as it has declined by 3.28% over the past week while the Sensex has only fallen by 0.73%. This underperformance in the short term contrasts with its strong long-term returns, where it has outperformed the BSE500 over the last three years, one year, and three months. The stock's attractive valuation metrics, such as a PEG ratio of 1.4 and a return on capital employed (ROCE) of 1.2, suggest potential for recovery; however, the current market sentiment appears to be weighing heavily on its price movement.