Why is Mah. Seamless falling/rising?

As of 23-Sep, Maharashtra Seamless Ltd is experiencing a decline in its stock price, currently at Rs 600.50, which reflects a decrease of Rs 13.6 or 2.21%. The stock has underperformed its sector by 3.5% today and has been on a consecutive downward trend for the last two days, resulting in a total loss of 4.74% in that period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, it has seen a decline of 4.68%, while its performance over the last month shows a drop of 10.04%. Despite a healthy long-term growth in net sales and operating profit, the stock's recent performance has been hindered by flat results in the last quarter and a low return on capital employed (ROCE).
In the broader market context, Maharashtra Seamless Ltd's short-term performance has significantly lagged behind the benchmark Sensex, which has only declined by 0.34% over the same week. The stock's year-to-date performance shows a decline of 14.08%, contrasting with the Sensex's gain of 5.07%. While there has been an increase in institutional investor participation, which may indicate confidence in the company's long-term potential, the stock's recent underperformance and flat quarterly results have raised concerns among investors. This combination of factors has contributed to the stock's current downward trajectory.