Why is SAIL falling/rising?

As of 14-Jul, Steel Authority Of India Ltd. is currently priced at 134.20, reflecting a decrease of 0.2, or 0.15%. The stock has been experiencing a decline, having fallen for the last two days with a total return of -0.45% during this period. Despite a positive performance over the past month with a return of +3.83%, the stock has underperformed over the last year, showing a return of -10.74%. The stock is trading above its longer-term moving averages but below its 5-day moving average, indicating some short-term weakness. Additionally, there has been a decline in investor participation, with delivery volume decreasing by 4.77% against the 5-day average. While the stock has an attractive valuation with a return on capital employed (ROCE) of 5.3 and is trading at a discount compared to peers, its profits have fallen by 28.8% over the past year, contributing to the recent downward pressure.
In the broader market context, the Sensex has declined by 1.42% over the past week, while SAIL has shown a modest gain of 0.56% during the same period, indicating that the stock has outperformed the benchmark recently. However, the stock's year-to-date return of +18.66% significantly surpasses the Sensex's +5.27%, suggesting a strong performance relative to the market overall. Despite this, the recent consecutive falls and declining investor participation may signal caution among investors, potentially affecting future price movements.