Why is Modern Steels falling/rising?

As of 15-Jul, Modern Steels Ltd is experiencing a decline in its stock price, currently at 19.31, reflecting a decrease of 0.18 or 0.92%. The stock has underperformed its sector by 0.99% today and has seen a trend reversal after three consecutive days of gains. Despite this recent downturn, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some underlying strength. However, there has been a notable decline in investor participation, with delivery volume falling by 39.53% compared to the 5-day average. In terms of returns, the stock has shown a modest increase of 10.98% over the past month, although it has underperformed the Sensex over the same period, which gained 1.79%.
In the broader market context, Modern Steels' recent performance contrasts with the benchmark, as it has declined by 0.46% over the past week while the Sensex has decreased by 1.36%. Year-to-date, the stock's return of 1.63% is significantly lower than the Sensex's 5.67%. Over the past year, the stock has underperformed with a decline of 1.53%, while the Sensex has risen by 2.36%. This suggests that while Modern Steels has had some positive momentum in the short term, the overall market conditions and recent investor behavior may be contributing to its current price decline.