Why is MSP Steel & Pow. falling/rising?

As of 18-Jul, MSP Steel & Power Ltd is currently priced at 32.70, reflecting a slight increase of 0.1 or 0.31%. The stock has shown a positive performance in the short term, with a 3.74% increase over the past week and a notable 16.04% rise over the past month, outperforming the Sensex, which has declined by 0.90% in the same week and only increased by 0.38% in the last month. However, despite these recent gains, the stock's long-term performance is concerning, with a year-to-date decline of 27.57% and a significant drop in profits of 297.5% over the past year, despite a 20.49% return. The stock is currently trading below its 200-day moving average, indicating potential weakness, and there has been a notable decrease in investor participation, with delivery volume falling by 54.27% compared to the 5-day average.
In the broader market context, while MSP Steel & Power has outperformed the BSE500 in the short and long term, the overall market sentiment may be impacted by the company's weak long-term fundamentals, including a high Debt to EBITDA ratio and a low average Return on Capital Employed. The stock's attractive valuation relative to peers and its liquidity may provide some support, but the high percentage of pledged promoter shares could exert downward pressure in a falling market. Overall, while the stock has shown positive short-term movements, the underlying financial challenges and market conditions suggest caution for investors.