Why is Jindal Stain. falling/rising?

As of 27-Jun, Jindal Stainless Ltd is currently priced at 690.50, reflecting a decrease of 3.9 points or 0.56%. The stock has underperformed its sector by 0.38% today, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, Jindal Stainless has shown a positive return of 3.08%, and over the past month, it has increased by 6.65%. However, the stock has faced challenges, including a significant decline of 14.05% over the past year, which coincides with a 4.8% drop in profits. While the company exhibits strong management efficiency and a healthy growth rate in net sales and operating profit, it has also reported flat results in March 2025 and a low return on capital employed (ROCE), which may contribute to investor concerns.
In the broader market context, Jindal Stainless has underperformed compared to the benchmark Sensex, which has gained 2.00% over the past week and 3.07% over the past month. The stock's year-to-date performance is also negative at -1.13%, contrasting sharply with the Sensex's positive return of 7.58%. Despite high institutional holdings and a favorable liquidity position, the stock's recent price decline reflects investor sentiment influenced by its recent flat financial results and overall underperformance in the market.