Why is MSP Steel & Pow. falling/rising?

As of 22-Aug, MSP Steel & Power Ltd is currently priced at 31.80, reflecting a decline of -0.27, or -0.84%. The stock has been underperforming recently, having fallen for the last three days with a total decline of -2.15%. In terms of returns, the stock has decreased by -1.64% over the past week and -1.24% over the past month, while it has significantly underperformed the market with a year-to-date decline of -29.57%. Despite some positive factors, such as a strong operating profit and a decrease in raw material costs, the company faces challenges including a high debt-to-EBITDA ratio and a substantial percentage of promoter shares being pledged, which adds downward pressure on the stock.
Broader market context indicates that while the Sensex has gained +0.88% over the past week, MSP Steel's performance has been negative, highlighting a stark contrast in performance. The stock's long-term fundamentals are weak, evidenced by a low average return on capital employed and a significant drop in profits over the past year. This underperformance is compounded by a falling investor participation, as indicated by a 62.49% decrease in delivery volume compared to the five-day average, suggesting a lack of confidence among investors in the stock's future prospects.