Why is Mah. Seamless falling/rising?

As of 07-Jul, Maharashtra Seamless Ltd's stock price is currently at 738.30, reflecting a decrease of 10.25 points or 1.37%. The stock has underperformed its sector by 1.19% today, and there has been a notable decline in investor participation, with delivery volume dropping by 50.28% compared to the 5-day average. Despite this, the stock has shown strong performance over the past month, gaining 9.78%, and has consistently outperformed the BSE500 over the last three years, with a remarkable 128.65% increase. However, it is trading at a premium compared to its peers, and while it has generated a return of 12.97% over the last year, profits have fallen by 18.3%. The recent increase in promoter stake by 0.79% indicates confidence in the company's future, which could positively influence investor sentiment.
In the broader market context, the stock's short-term performance has been weaker than the benchmark, as it has declined by 3.12% over the past week while the Sensex has only decreased by 0.20%. This underperformance may contribute to the negative sentiment surrounding the stock. Despite the overall positive long-term returns and the low debt-to-equity ratio, the recent profit decline and falling investor participation suggest caution among investors, which may be impacting the stock's price movement negatively in the short term.