Why is Mah. Seamless falling/rising?

As of 10-Sep, Maharashtra Seamless Ltd is experiencing a decline in its stock price, currently at 635.80, reflecting a decrease of 3.9 points or 0.61%. The stock has underperformed its sector by 0.72% today and has fallen after two consecutive days of gains. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 50.59% against the 5-day average. Over the past week, the stock has decreased by 4.36%, while its performance over the past month shows a decline of 3.60%, contrasting with the Sensex, which has gained 1.06% and 1.96% respectively.
In the broader market context, Maharashtra Seamless Ltd's recent performance has been notably weaker compared to the benchmark Sensex, which has shown positive returns in the same periods. Despite a healthy long-term growth outlook, with net sales growing at an annual rate of 16.93% and a low debt-to-equity ratio, the stock's recent movement is hindered by flat quarterly results and a low return on capital employed (ROCE). While institutional investors have increased their stake, indicating confidence in the company's fundamentals, the stock's premium valuation compared to peers and the significant reliance on non-operating income have raised concerns. Overall, these factors contribute to the stock's current downward trend.