Why is Beekay Steel Ind. falling/rising?

As of 18-Sep, Beekay Steel Industries Ltd is currently priced at 492.70, reflecting an increase of 2.7 or 0.55%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its price performance. Despite this, there has been a notable rise in investor participation, with delivery volume increasing by 150.7% compared to the 5-day average. Over the past year, the stock has generated a return of -25.12%, while its profits have decreased by 26%. The company maintains a low Debt to EBITDA ratio of 0.77 times, suggesting a strong ability to service its debt, and is trading at a discount compared to its peers' historical valuations. However, the company has declared negative results for the last five consecutive quarters, which raises concerns about its long-term growth potential.
In the broader market context, the stock has underperformed against the Sensex, which has increased by 1.80% over the past week, while Beekay Steel's return for the same period is -0.46%. This underperformance is further highlighted by the stock's negative returns over the past year and its inability to attract domestic mutual funds, which hold no stake in the company. The lack of confidence from institutional investors may indicate concerns about the company's future prospects, especially given its poor performance in both the near and long term. Overall, while there are some positive factors regarding valuation and debt management, the negative trends in profitability and investor sentiment contribute to a challenging outlook for Beekay Steel Industries Ltd.