Why is NMDC Steel falling/rising?

As of 01-Jul, NMDC Steel Ltd's stock price is currently at 40.60, reflecting a decrease of 0.46, or 1.12%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.69% during this period. Despite a positive performance over the past week and month, with returns of 4.77% and 6.51% respectively, the stock has shown significant long-term weaknesses, including a year-to-date decline of 5.95% and a staggering 29.55% drop over the past year. The company has reported high institutional holdings at 20.63%, which indicates some level of confidence among larger investors, but it also faces challenges such as operating losses and a negative EBITDA, which contribute to its weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which has gained 2.00% over the past week and 2.76% over the past month. The stock's liquidity appears adequate for trading, but a notable decline in delivery volume by 25.94% against the five-day average suggests waning investor interest. Overall, while there are some positive indicators such as high net sales, the persistent operating losses and poor long-term growth prospects overshadow these factors, leading to a negative sentiment around NMDC Steel's stock performance.