Why is Inducto Steel falling/rising?

As of 23-Jun, Inducto Steel Ltd's stock price is currently at Rs 72.06, reflecting a decline of Rs 3.94 or 5.18%. The stock has been underperforming, having fallen for three consecutive days with a total drop of 7.56% during this period. It opened with a loss of 2% today and reached an intraday low of Rs 72.05. While the stock has shown positive performance over the past month with a 15.65% increase, it has a year-to-date decline of 8.26%. The company's recent financial results indicate strong net sales growth of 71.66% over the last six months and a record operating profit margin, yet it faces significant challenges, including a weak long-term fundamental strength characterized by a -36.99% CAGR growth in operating profits over the last five years and a negative EBITDA.
Broader market context shows that while the Sensex has gained 0.12% over the past week, Inducto Steel's stock has decreased by 1.29% in the same timeframe, indicating a notable underperformance relative to the benchmark. Additionally, the stock's delivery volume has plummeted by 78.86% against its five-day average, suggesting declining investor participation. The presence of 43.28% of promoter shares being pledged adds further risk, potentially exerting additional downward pressure on the stock price in a falling market. Overall, these factors contribute to the stock's current decline despite some positive short-term financial indicators.