Why is Manugraph India falling/rising?

As of 23-Sep, Manugraph India Ltd is experiencing a decline in its stock price, currently at 21.66, reflecting a decrease of 0.44 or 1.99%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 6.6% during this period. Despite the stock being higher than the 50-day, 100-day, and 200-day moving averages, it remains lower than the 5-day and 20-day moving averages. Additionally, while the company has reported impressive growth in net sales of 151.07% and positive results in the last two quarters, the recent performance has not translated into stock price stability, as indicated by the stock's underperformance against its sector by 1.51%. In the broader market context, the stock's performance over the past week shows a decline of 4.96%, contrasting with the Sensex, which has only decreased by 0.34%. Over the past month, Manugraph India has also underperformed, with a decline of 4.58% compared to the Sensex's increase of 0.98%. This suggests that while the company has shown strong operational results, the market sentiment and recent stock movements have not favored it, leading to a notable divergence from the benchmark index.