Why is Mah. Seamless falling/rising?

As of 29-Aug, Maharashtra Seamless Ltd is currently priced at Rs 642.70, reflecting a decrease of Rs 12.3, or 1.88%. The stock has underperformed its sector by 0.99% today, having touched an intraday low of Rs 640, which represents a decline of 2.29%. Over the past week, the stock has decreased by 3.72%, and over the past month, it has fallen by 7.10%. Despite a healthy long-term growth rate in net sales and operating profit, the stock is trading below all its moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 41.57% against the 5-day average, which may contribute to the stock's downward pressure.
In the broader market context, Maharashtra Seamless Ltd's recent performance contrasts with the Sensex, which has declined by 1.84% over the past week and 1.88% over the past month. While the stock has seen a year-to-date decline of 8.04%, institutional investors have increased their stake, suggesting some confidence in the company's fundamentals despite the recent price drop. The company's low debt-to-equity ratio and fair valuation indicate potential for stability, but the current negative momentum and reduced trading volume may overshadow these positive factors in the short term.