Why is Gallantt Ispat L falling/rising?

As of 12-Nov, Gallantt Ispat Ltd. is experiencing a decline in its stock price, currently at Rs 620.10, which reflects a decrease of Rs 52.05 or 7.74%. Today's trading has shown the stock underperforming its sector by 6.91%, following a trend reversal after three consecutive days of gains. The stock touched an intraday low of Rs 611.2, indicating significant volatility with an intraday fluctuation of 6.59%. Despite this decline, the stock has demonstrated strong performance over the longer term, with a year-to-date increase of 79.06% and a remarkable 868.15% rise over the past three years. The company maintains a low Debt to EBITDA ratio of 0.82 times, indicating a strong ability to service its debt, and has shown healthy long-term growth with net sales increasing at an annual rate of 41.02%.
In the broader market context, Gallantt Ispat's recent performance contrasts with the benchmark Sensex, which has gained 1.21% over the past week while the stock has risen by 10.48% in the same period. However, the stock's one-month performance shows a decline of 5.52%, while the Sensex has increased by 2.38%. This suggests that while the stock has had a strong year overall, recent short-term movements have been less favorable compared to the market. The rising investor participation, with a 30.68% increase in delivery volume, indicates ongoing interest, but the current volatility and price drop may be causing concern among investors.