Why is Modern Steels falling/rising?

As of 23-Jul, Modern Steels Ltd is experiencing a decline in its stock price, currently at 19.01, reflecting a decrease of 0.59 or 3.01%. The stock has underperformed its sector by 3.24% today and has seen a trend reversal after two consecutive days of gains. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. The stock has shown a modest increase of 14.17% over the past month, but it has a year-to-date return of only 0.05% and a one-year return of -2.26%. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 88.35% against the 5-day average, indicating heightened interest despite the current price drop.
In the broader market context, the Sensex has shown a slight increase of 0.11% over the past week and a more substantial gain of 5.87% year-to-date. While Modern Steels has performed relatively well in the short term compared to the benchmark with a 14.17% increase over the past month, its longer-term performance lags behind, particularly over the one-year and three-year periods, where it has underperformed the Sensex significantly. The overall market conditions appear to be favorable, but the stock's recent decline suggests that specific company-related factors may be impacting investor sentiment negatively, although no specific positive or negative factors were provided in the data.