Why is Mahamaya Steel falling/rising?

As of 04-Jul, Mahamaya Steel Industries Ltd is experiencing a decline in its stock price, currently at Rs 342.00, which reflects a decrease of Rs 6.8 or 1.95%. The stock has underperformed its sector today by 1.74% and has shown erratic trading patterns, not trading on one day out of the last 20. Despite being close to its 52-week high, the stock has not moved from its opening price of Rs 342 throughout the day. Over the past week, the stock has decreased by 1.58%, but it has demonstrated strong performance over the longer term, with a remarkable increase of 227.90% over the past year. However, the company's fundamentals are concerning, as it has shown a -32.50% CAGR growth in operating profits over the last five years, and its return on equity is low at 3.43%.
In the broader market context, the stock's short-term performance has lagged behind the benchmark Sensex, which has only fallen by 0.74% over the same week. While Mahamaya Steel has outperformed the Sensex significantly over the past year and three years, the current decline may be attributed to weak long-term fundamental strength and falling investor participation, as indicated by a drastic drop in delivery volume. Additionally, the company's high valuation metrics and low profitability per unit of shareholder funds may deter investors, contributing to the stock's recent price movement.