Why is MSP Steel & Pow. falling/rising?

As of 24-Sep, MSP Steel & Power Ltd is experiencing a decline in its stock price, currently at 37.54, which reflects a decrease of 0.47 or 1.24%. The stock has underperformed its sector by 1.11% today, and its delivery volume has fallen by 7.6% compared to the 5-day average, indicating a decrease in investor participation. Over the past week, the stock has dropped by 3.99%, while it has shown a significant increase of 18.05% over the past month. Despite this recent monthly gain, the stock has a year-to-date decline of 16.85% and a troubling annual return of -38.78%. Positive factors include a substantial growth in profit after tax and a favorable debt-equity ratio, but these are overshadowed by the overall decline in profits over the past year.
Broader market context shows that while MSP Steel & Power Ltd has outperformed the benchmark Sensex over the past month, it has significantly lagged behind in the year-to-date and yearly comparisons. The Sensex has gained 4.58% year-to-date and only declined by 3.77% over the past year, contrasting sharply with MSP's performance. This divergence suggests that while there may be some positive developments within the company, broader market conditions and investor sentiment are not favoring the stock, contributing to its current downward trend.