Why is Kanishk Steel falling/rising?

As of 30-Jul, Kanishk Steel Industries Ltd is currently priced at 47.97, reflecting a slight decline of 0.03, or 0.06%. The stock has underperformed its sector today by 0.65%, despite being higher than its 50-day, 100-day, and 200-day moving averages, but lower than its 5-day and 20-day moving averages. Over the past week, the stock has decreased by 2.10%, while it has shown a positive return of 1.12% over the past month. The company has demonstrated strong long-term growth, with an operating profit growth rate of 50.15% and a significant increase in PAT and net sales in recent results. However, concerns regarding management efficiency and a high Debt to EBITDA ratio may be contributing to the current price movement.
In the broader market context, Kanishk Steel's recent performance has been relatively strong compared to the benchmark, as it has outperformed the Sensex over the past year with a return of 68.32% versus the Sensex's minimal increase of 0.03%. However, the stock's short-term decline of 2.10% over the past week contrasts with the Sensex's decrease of 1.50%, indicating that while the stock has shown resilience in the long term, it is currently facing challenges that may be affecting investor sentiment.