Why is Kalyani Steels falling/rising?

As of 22-Sep, Kalyani Steels Ltd is experiencing a decline in its stock price, currently at Rs 813.00, reflecting a decrease of Rs 14.8 or 1.79%. The stock has underperformed its sector by 1.42% today and has fallen after two consecutive days of gains. It touched an intraday low of Rs 805.95, which is a 2.64% drop. Over the past week, Kalyani Steels has seen a return of -2.51%, and its year-to-date performance shows a significant decline of -30.27%. While the company has a low debt-to-equity ratio and a fair valuation, it is trading at a premium compared to its peers. The stock's recent performance is also impacted by flat results in its latest quarterly report, which showed the lowest net sales and a decrease in profit before tax.
In the broader market context, Kalyani Steels' short-term performance contrasts sharply with the Sensex, which has gained 0.46% over the past week. This underperformance is indicative of a broader trend where the stock has lagged behind the benchmark, with a year-to-date return significantly lower than the Sensex's 5.15% increase. Despite a rise in investor participation, as evidenced by a 114.87% increase in delivery volume, the overall market sentiment appears to be weighing on Kalyani Steels, contributing to its current price decline.