Why is Kalyani Steels falling/rising?

As of 18-Jul, Kalyani Steels Ltd is experiencing a decline in its stock price, currently at Rs 901.00, which reflects a decrease of Rs 9.1 or 1.0%. The stock has underperformed its sector by 1.32% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 2.17% during this period. Additionally, the stock's performance over the past week shows a slight decline of 0.92%, while it has seen a marginal increase of 0.11% over the past month. Despite a strong performance over the longer term, with a 197.07% increase over three years and a 302.41% increase over five years, the stock has faced significant challenges, including a year-to-date decline of 22.73% and a one-year drop of 6.39%. The company has reported positive financial results, with the highest net sales and operating profit margins, but the stock is trading at a premium compared to its peers, which may contribute to investor caution.
In the broader market context, Kalyani Steels' recent performance has been slightly worse than the benchmark Sensex, which has declined by 0.90% over the past week. The stock's liquidity appears adequate for trading, with a delivery volume increase of 89.13% against the five-day average, indicating rising investor participation. However, the stock's moving averages suggest mixed signals, as it is above the 50-day, 100-day, and 200-day moving averages but below the 5-day and 20-day averages. This volatility, combined with the company's relatively high PEG ratio of 6.9 and a low debt-to-equity ratio, may lead investors to adopt a cautious stance, contributing to the stock's recent price decline.