Why is Rama Steel Tubes falling/rising?

As of 01-Aug, Rama Steel Tubes Ltd is experiencing a decline in its stock price, currently at 10.83, which reflects a decrease of 0.2 or 1.81%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 2.78%. Additionally, it is trading below its moving averages across various time frames, indicating a bearish trend. Over the past week, the stock has decreased by 3.73%, and over the past month, it has dropped by 10.86%. The company has also reported negative financial results for the last five consecutive quarters, with a significant decline in profits and a low return on capital employed, which contributes to the negative sentiment surrounding the stock.
In the broader market context, while the Sensex has declined by only 1.06% over the past week, Rama Steel Tubes' performance has been notably worse, indicating a lack of investor confidence. The steel sector, in which the company operates, has also seen a downturn, falling by 2.25%. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 27.51% compared to the five-day average. This lack of interest from domestic mutual funds, which hold no stake in the company, suggests that institutional investors may not be comfortable with the current valuation or business outlook, further exacerbating the stock's decline.