Why is SAIL falling/rising?

As of 09-Jul, Steel Authority Of India Ltd. is currently priced at 133.85, reflecting a decline of 1.15 or 0.85%. The stock's performance today has been inline with the sector, having touched an intraday low of Rs 131, which represents a decrease of 2.96%. Over the past week, the stock has decreased by 2.62%, while its one-month performance shows a slight increase of 0.11%. Despite a year-to-date gain of 18.35%, the stock has experienced a significant drop of 14.12% over the past year, coinciding with a 28.8% decline in profits. The stock is currently trading at a discount compared to its peers, which may suggest an attractive valuation, but the falling investor participation, indicated by a 27.29% drop in delivery volume against the five-day average, raises concerns about its recent movement.
In the broader market context, the Sensex has shown a modest increase of 0.15% over the past week and a more substantial gain of 1.32% over the past month. While SAIL's year-to-date performance is strong compared to the benchmark's 6.91%, its recent underperformance in the short term, particularly in the last week, contrasts with the overall market trend. This divergence suggests that while the stock has potential due to its valuation, the current negative sentiment and declining investor interest may be contributing to its recent price drop, highlighting a disconnect between the company's fundamentals and market perception.