Why is NMDC Steel falling/rising?

As of 04-Jul, NMDC Steel Ltd's stock price is currently at 40.50, reflecting a decrease of 0.5, or 1.22%. The stock has underperformed its sector by 0.58% today, with a delivery volume that has fallen by 30.99% against the 5-day average, indicating a decline in investor participation. Over the past week, the stock has seen a return of -1.94%, while it has performed better over the past month with a return of +4.25%. However, the stock has faced significant challenges, including a negative EBITDA and an annual operating profit decline of 37.79% over the last five years. Despite high institutional holdings at 20.63%, which typically suggests a level of confidence in the company's fundamentals, the overall weak long-term growth and high debt to EBITDA ratio raise concerns about its financial health.
In the broader market context, the Sensex has shown a return of -0.74% over the past week, indicating that while NMDC Steel is underperforming, the overall market is also facing some downward pressure. However, the stock's year-to-date performance is notably poor at -6.18%, contrasting sharply with the Sensex's gain of 6.77%. This consistent underperformance against the benchmark over the last three years, coupled with a significant drop in profits by 52% over the past year, suggests that NMDC Steel is struggling to attract investor confidence amidst a challenging market environment.