Why is Manglam Infra falling/rising?

As of 29-Oct, Manglam Infra & Engineering Ltd is currently priced at 23.00, reflecting an increase of 0.9, or 4.07%. The stock has shown a strong performance today, outperforming its sector by 3.66%. However, despite this positive movement, the stock has experienced a significant decline over the longer term, with a year-to-date drop of 47.07% and a one-year decline of 53.91%. The stock's delivery volume has fallen sharply, decreasing by 64.29% compared to the five-day average, indicating a reduction in investor participation. Additionally, while the stock is trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, suggesting mixed signals regarding its trend.
In the broader market context, Manglam Infra's short-term return of 6.24% over the past week significantly outpaces the Sensex's return of 0.72% during the same period. However, the stock's longer-term performance is concerning, as it has underperformed the benchmark index over the past month and year. The Sensex has gained 5.76% in the last month and 10.19% year-to-date, highlighting a stark contrast to Manglam Infra's struggles. This divergence suggests that while the stock may be experiencing a brief rally, it faces ongoing challenges that have led to its substantial declines in the longer term.