Why is Megatherm Indu. falling/rising?

As of 05-Aug, Megatherm Induction Ltd's stock is currently priced at 321.05, reflecting a decrease of 3.1 points or 0.96%. The stock has experienced a trend reversal, falling after two consecutive days of gains. Despite this decline, it has outperformed its sector by 1.23% today. Over the past week, the stock has shown a positive return of 1.44%, although it has underperformed over the last month and year, with declines of 2.37% and 4.28%, respectively. The stock's trading activity has been characterized by erratic trading patterns, having not traded on one day out of the last 20, and it has been trading within a narrow range of Rs 3.1. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 34.15% against the five-day average, indicating some positive sentiment despite the current price drop.
In the broader market context, the Sensex has shown a slight decline of 0.69% over the past week, while Megatherm's performance has been relatively better in this timeframe. However, the stock's year-to-date performance is lagging behind the benchmark, with a decline of 0.65% compared to the Sensex's gain of 4.25%. This suggests that while the stock has had some short-term resilience, its overall performance remains weak relative to the market. The lack of available positive or negative dashboard data limits further insights into specific factors influencing the stock's recent movements.