Why is Jindal Saw falling/rising?

As of 22-Sep, Jindal Saw Ltd is experiencing a decline in its stock price, currently at 210.85, which reflects a decrease of 1.55 or 0.73%. The stock has underperformed its sector today by 0.36%, and while it is trading above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a slight decline of 0.31%, contrasting with a 3.76% increase over the past month. Despite a significant long-term growth in operating profit at an annual rate of 24.66%, the stock has faced challenges, including a 40.48% drop over the past year and a 7.1% decrease in profits, which may contribute to investor concerns.
Broader market context indicates that Jindal Saw has significantly underperformed compared to the benchmark, with a one-year return of -40.48% against the BSE500's -3.80%. Additionally, institutional investor participation has decreased by 1.5% in the last quarter, suggesting a lack of confidence among more knowledgeable investors. This decline in institutional interest, coupled with negative financial results and a lower return on capital employed, has likely contributed to the stock's recent struggles, despite its attractive long-term valuation relative to peers.