Why is Gallantt Ispat L falling/rising?

As of 23-Oct, Gallantt Ispat Ltd. is experiencing a decline in its stock price, currently at Rs 540.70, reflecting a decrease of Rs 54.45 or 9.15%. The stock has been underperforming, having fallen consecutively for the last five days with a total decline of 18.01% during this period. Today's trading saw the stock reach an intraday low of Rs 523.9, indicating high volatility with an intraday fluctuation of 11.28%. Despite a strong long-term growth trajectory, evidenced by a 56.14% year-to-date increase and consistent positive quarterly results, the recent performance has been overshadowed by a significant drop in investor participation, with delivery volume decreasing by 36.38% against the five-day average.
In the broader market context, Gallantt Ispat Ltd.'s short-term performance has sharply diverged from the benchmark, as the stock has declined by 17.86% over the past week while the Sensex has gained 1.30%. This stark contrast highlights the stock's recent struggles despite its impressive long-term returns, which have outperformed the BSE500 over the last three years. The company's strong fundamentals, such as a low Debt to EBITDA ratio and healthy growth in net sales and operating profit, suggest potential for recovery; however, the current market sentiment and declining trading volume indicate challenges that may continue to pressure the stock in the near term.