Why is SAIL falling/rising?

As of 07-Jul, Steel Authority Of India Ltd. is currently priced at 133.45, reflecting a decrease of 1.45, or 1.07%. The stock has been underperforming, having fallen for the last three days with a total decline of 2.91%. Additionally, the stock's performance today has underperformed its sector by 0.89%. Over the past week, the stock has shown a slight gain of 1.14%, but it has declined by 1.18% over the past month. Despite a year-to-date increase of 17.99%, the stock has experienced a significant annual decline of 14.18%, coinciding with a 28.8% drop in profits. The stock is currently trading at a discount compared to its peers, which may indicate attractive valuation, but the falling investor participation, evidenced by a 74.92% drop in delivery volume, suggests waning interest.
In the broader market context, the Sensex has shown a slight decline of 0.20% over the past week, while SAIL's performance has been relatively better in that timeframe. However, the stock's longer-term performance contrasts sharply with the benchmark, as it has underperformed over the past year, with a return of -14.18% compared to the Sensex's gain of 4.31%. This underperformance, combined with the recent decline in investor participation and consecutive losses, indicates a challenging environment for SAIL, despite its strong historical returns over three and five years.