Why is JSW Steel falling/rising?

As of 21-Aug, JSW Steel Ltd. is experiencing a decline in its stock price, currently at Rs 1,071.00, reflecting a decrease of Rs 11.6 or 1.07%. Despite this drop, the stock has shown positive performance over the past week and month, with returns of 2.47% and 3.58%, respectively. It is also trading above its moving averages, indicating a generally strong trend. However, the stock has underperformed its sector today by 0.83%, and there has been a notable decline in investor participation, with delivery volume falling by 35.92% compared to the 5-day average. While the stock has generated a return of 15.72% over the past year, it has faced a profit decline of 26.5%, which may be contributing to the current price movement.
In the broader market context, the stock's recent performance has outpaced the benchmark Sensex, which has only returned 1.74% over the past week. This suggests that while JSW Steel is facing some short-term challenges, it has maintained a strong long-term growth trajectory, evidenced by its annual sales growth and high institutional holdings at 36.85%. The company is also the largest in its sector, commanding a significant market share. Despite the current decline, the overall positive fundamentals and market-beating performance in the long term may provide a buffer against further declines.