Why is Mangalore Chem. falling/rising?

As of 25-Jul, Mangalore Chemicals & Fertilizers Ltd is experiencing a slight decline in its stock price, currently at Rs 315.30, which reflects a decrease of -0.7 or -0.22%. The stock has been under pressure recently, having fallen for the last two days, resulting in a total decline of -1.41%. Despite this short-term drop, the stock has shown strong performance over longer periods, with a remarkable increase of 160.58% over the past year and 797.01% over the past five years. Additionally, it is currently trading close to its 52-week high, just 3.11% away, and has outperformed its sector by 1.09% today. However, there has been a notable decline in investor participation, with delivery volume dropping by -49.3% compared to the five-day average, which may be contributing to the recent price movement.
In the broader market context, Mangalore Chemicals & Fertilizers Ltd has significantly outperformed the benchmark Sensex, which has seen a decline of -0.36% over the past week and -1.56% over the past month, while Mangalore Chemicals has gained 10.24% and 14.43% respectively in the same periods. This strong relative performance indicates that the stock is still favored by investors despite its recent price drop. The company's positive financial results, including substantial growth in profit before tax and net sales, further support its long-term bullish outlook, suggesting that the current decline may be a temporary fluctuation rather than a reflection of underlying weakness.