Why is Mishra Dhatu Nig falling/rising?

As of 18-Nov, Mishra Dhatu Nigam Ltd's stock price is currently at Rs 352.95, reflecting a decline of Rs 8.75 or 2.42%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total drop of 9.07% during this period. Today's performance indicates that it underperformed its sector by 1.59%, with an intraday low of Rs 350. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Despite a strong ability to service debt with a low Debt to EBITDA ratio of 1.40 times, the company faces challenges with poor long-term growth, as evidenced by a significant drop in net sales and operating profit.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.96% over the past week, Mishra Dhatu Nigam Ltd has seen a decline of 8.09% in the same timeframe, highlighting its underperformance relative to the broader market. While the stock has generated a positive return of 10.18% over the past year, this is overshadowed by a concerning growth rate in net sales and operating profit, which have not kept pace with its valuation metrics. The stock's PEG ratio of 2.8 indicates that it may be overvalued given its growth prospects, further contributing to the downward pressure on its price.