Why is MSP Steel & Pow. falling/rising?

As of 11-Jul, MSP Steel & Power Ltd is experiencing a decline in its stock price, currently at 31.52, reflecting a decrease of 0.73 or 2.26%. The stock has underperformed its sector by 1.6% today and has reversed its trend after seven consecutive days of gains. Despite a strong performance over the past week with a return of 14.99%, the stock has seen a significant drop in investor participation, with delivery volume falling by 10.46% against the five-day average. Additionally, while the stock has generated a return of 10.60% over the past year, it has faced challenges with profits plummeting by 297.5%, indicating underlying weaknesses in its financial health.
In the broader market context, the Sensex has shown a slight decline of 1.12% over the past week, suggesting that the market sentiment may be affecting MSP Steel & Power Ltd's performance. The stock's long-term fundamentals are weak, with a low average Return on Capital Employed (ROCE) of 5.36% and a high Debt to EBITDA ratio of 5.92 times, which raises concerns about its ability to service debt. Furthermore, the fact that 81.33% of promoter shares are pledged adds additional pressure on the stock price in a falling market. Overall, while the stock has outperformed the BSE500 in the long term, its recent price movement reflects significant challenges that investors are currently weighing.