Why is Mega Corp. falling/rising?

As of 08-Jul, Mega Corporation Ltd is experiencing a decline in its stock price, currently at 2.79, which reflects a decrease of 0.05 or 1.76%. The stock has underperformed its sector by 1.71% today and has been on a downward trend for the last two days, resulting in a total drop of 4.45%. Despite this recent decline, the stock has shown strong performance over the longer term, with a 31.10% increase over the past year and significant gains of 106.93% over three years and 1218.46% over five years. However, the stock's delivery volume has sharply decreased by 89.49% compared to the five-day average, indicating falling investor participation, which could be contributing to the current price drop.
In the broader market context, Mega Corporation's recent performance contrasts with the Sensex, which has only increased by 0.02% over the past week. While the stock has generated positive returns in the long term, its year-to-date performance is notably poor, with a decline of 30.77% compared to the Sensex's gain of 7.13%. The company's strong financial results from March 25, including the highest recorded ROCE and PBDIT, suggest potential for recovery, but the recent consecutive falls and reduced trading volume may be causing investor concern. Overall, while Mega Corp has a history of outperforming the market in the long run, its current short-term challenges are leading to a decline in stock price.