Why is Sagardeep Alloys falling/rising?

As of 19-Sep, Sagardeep Alloys Ltd is experiencing a decline in its stock price, currently at 26.78, which reflects a decrease of 0.49 or 1.8%. The stock has underperformed its sector by 1.5% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a return of -2.19%, and it has consistently underperformed against the benchmark Sensex over the last three years, with a significant decline of 14.17%. Although the company reported positive results in June, including a higher PAT and a strong ROCE, these factors are overshadowed by its weak long-term fundamentals, such as a high Debt to EBITDA ratio and an average ROCE of 3.24%.
Broader market context indicates that while the Sensex has gained 0.85% over the past week, Sagardeep Alloys has faced a decline, highlighting its struggle to keep pace with the broader market. The stock's year-to-date performance shows a decrease of 4.97%, in stark contrast to the Sensex's increase of 7.11%. This consistent underperformance, coupled with falling investor participation and liquidity concerns, suggests a lack of confidence among investors, further contributing to the stock's downward trajectory.