Why is Mah. Seamless falling/rising?

As of 17-Oct, Maharashtra Seamless Ltd's stock price is currently at Rs 569.20, reflecting a decrease of Rs 11.15, or 1.92%. The stock has underperformed significantly, with a 1-week return of -2.70% and a 1-month return of -9.72%, while the Sensex has shown positive returns of +1.76% and +1.52% respectively over the same periods. Today's performance indicates that the stock is close to its 52-week low, having fallen after two consecutive days of gains. Additionally, it is trading below all key moving averages, and there has been a decline in investor participation, with delivery volume down by 5.4% compared to the 5-day average. Despite a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, the stock's recent performance has been hindered by flat results and below-par performance compared to benchmarks.
In the broader market context, Maharashtra Seamless Ltd's short-term performance has been notably weaker than the benchmark, as evidenced by its negative returns over the past week and month, contrasting sharply with the Sensex's gains. This underperformance is compounded by the company's recent financial results, which have shown stagnation in key metrics such as net sales and return on capital employed. While there has been an increase in institutional investor participation, which could signal confidence in the company's fundamentals, the overall sentiment remains cautious due to the stock's historical underperformance and current trading conditions.