Why is Gallantt Ispat L falling/rising?

As of 23-Sep, Gallantt Ispat Ltd. is experiencing a decline in its stock price, currently at 664.85, which reflects a decrease of 4.35 or 0.65%. The stock has underperformed its sector by 1.94% today, despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, although it is lower than the 5-day moving average. Notably, there has been a significant increase in investor participation, with delivery volume rising by 67.73% against the 5-day average, indicating heightened trading activity. The company maintains a strong financial position with a low Debt to EBITDA ratio of 0.78 times, and it has shown healthy long-term growth with net sales increasing at an annual rate of 41.76% and operating profit at 134.40%. Additionally, Gallantt Ispat has reported positive results for the last three consecutive quarters, which has contributed to consistent returns over the past three years.
Broader market context data is not available for comparison against the benchmark. However, the stock has generated 70.21% returns in the last year and has outperformed the BSE500 in each of the last three annual periods, indicating a strong historical performance. Despite the current decline, the company's ability to service debt and its consistent growth in sales and profits suggest a solid foundation that may support future price recovery.