Why is Manglam Infra falling/rising?

As of 15-Oct, Manglam Infra & Engineering Ltd is experiencing a decline in its stock price, currently at 21.50, which reflects a decrease of 0.5 or 2.27%. The stock has underperformed significantly, with a 1-week return of -6.52%, a 1-month return of -14.85%, and a year-to-date decline of 50.52%. Additionally, it is trading below all its moving averages, indicating a bearish trend. Despite a slight increase in delivery volume by 5.26% on 14 October, the overall performance remains weak, and there are no positive factors reported to counterbalance the negative sentiment surrounding the stock.
In the broader market context, Manglam Infra's performance contrasts sharply with the Sensex, which has shown a positive return of 1.11% over the past week and 7.10% year-to-date. This stark difference highlights the stock's struggles relative to the market, as it continues to lag behind the benchmark significantly. The lack of positive factors further exacerbates the situation, leaving the stock vulnerable to continued downward pressure amidst a generally stable market environment.