Why is India Steel falling/rising?

As of 11-Aug, India Steel Works Ltd is experiencing a decline in its stock price, currently at 10.59, reflecting a decrease of 0.55 or 4.94%. The stock has underperformed its sector by 5.23% today and has been on a downward trend for the last two days, with a total decline of 9.64% during this period. Despite a strong performance in the long term, with a 178.68% return over the past year, the company is facing significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a -79.41% annual growth rate in net sales over the last five years. Additionally, the reduction in promoter confidence, indicated by a 0.54% decrease in their stake, further contributes to the stock's negative sentiment.
In the broader market context, while India Steel has shown impressive returns over longer periods, it has struggled in the short term, particularly in comparison to the Sensex, which has seen a slight decline of 0.51% over the past week. The stock's recent performance contrasts sharply with its historical returns, as it has been trading at risky valuations despite a significant annual return. The falling investor participation, highlighted by a 13.15% drop in delivery volume, suggests a lack of confidence among investors, which may be influencing the stock's current downward trajectory.