Why is Sagardeep Alloys falling/rising?

As of 08-Oct, Sagardeep Alloys Ltd is experiencing a decline in its stock price, currently at 28.19, reflecting a decrease of 0.73 or 2.52%. Today's price summary indicates that the stock has underperformed its sector by 2.91%. Additionally, while the stock is trading higher than its 20-day and 50-day moving averages, it is below the 5-day, 100-day, and 200-day moving averages. The delivery volume has also seen a significant drop of 44.78% compared to the 5-day average, suggesting falling investor participation. Over the past week, the stock has decreased by 1.30%, while it has shown a modest gain of 3.49% over the past month. Despite a year-on-year return of 2.43% and a notable profit increase of 116%, the company faces challenges with a weak long-term fundamental strength, indicated by a low average Return on Capital Employed (ROCE) of 3.24% and a high Debt to EBITDA ratio of 4.19 times.
In the broader market context, the Sensex has increased by 0.84% over the past week, contrasting with Sagardeep Alloys' decline. This underperformance relative to the benchmark highlights the stock's struggles despite some positive financial indicators, such as a high PAT and an attractive valuation compared to peers. However, the overall market sentiment appears to be favoring other stocks, as evidenced by the Sensex's stronger performance over the same period. The combination of declining investor interest and the company's long-term financial challenges may be contributing to the stock's current downward trajectory.