Why is Mah. Seamless falling/rising?

As of 24-Jul, Maharashtra Seamless Ltd is experiencing a decline in its stock price, currently at 727.20, reflecting a decrease of 6.1 points or 0.83%. The stock has underperformed its sector by 1.16% today and has seen a trend reversal after two consecutive days of gains. Despite being higher than the 5-day, 50-day, 100-day, and 200-day moving averages, it remains lower than the 20-day moving average. Over the past week, the stock has shown a modest increase of 0.88%, while its one-month return stands at 5.50%. However, the stock's profits have fallen by 18.3% over the past year, despite generating a return of 12.77%, which is significantly higher than the market's average return of 0.99%.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex over the past year but is currently facing a decline. The increase in institutional investor participation, with a 0.91% rise in their stake, suggests a positive outlook from more experienced investors, which could provide some support for the stock. However, the stock is trading at a premium compared to its peers' historical valuations, which may contribute to the current price decline. Overall, while the stock has shown strong long-term performance, recent profit declines and sector underperformance have led to its current downward movement.