Why is Modern Steels falling/rising?

As of 16-Jul, Modern Steels Ltd is experiencing a decline in its stock price, currently at 19.01, which reflects a decrease of 0.3 or 1.55%. The stock has been underperforming, having lost 2.46% over the last two days and is currently lower than its 5-day moving averages. Additionally, the delivery volume has decreased significantly by 35.29% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has shown a modest gain of 1.44%, but it has underperformed the sector by 1.05% today. Year-to-date, the stock has only increased by 0.05%, while it has declined by 3.36% over the past year.
In the broader market context, the Sensex has shown a positive return of 1.02% over the last month, contrasting with Modern Steels' 7.46% gain in the same period, suggesting that the stock has been performing well relative to the benchmark recently. However, the stock's longer-term performance is less favorable, with a 3-year return of 6.50% compared to the Sensex's impressive 53.71%. This disparity highlights the challenges Modern Steels faces in maintaining investor interest and confidence, particularly in light of its recent price movements and declining trading volume.