Why is SAIL falling/rising?

As of 01-Aug, Steel Authority Of India Ltd. is experiencing a decline in its stock price, currently at 120.15, which reflects a decrease of 3.9 or 3.14%. The stock has underperformed its sector by 0.88% today and has been on a downward trend for the last three days, resulting in a total drop of 4.64% during this period. Over the past week, the stock has fallen by 8.04%, and its one-year return stands at a significant decline of 20.01%. Additionally, the stock's performance is hindered by a high Debt to EBITDA ratio of 2.77 times, indicating a low ability to service debt, and a Return on Equity of 9.43%, which suggests low profitability. Although the stock is trading at a discount compared to its peers, the recent profit decline of 20.7% has negatively impacted investor sentiment. In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with the Sensex only declining by 1.06% over the same week. Despite a year-to-date return of 6.23%, the stock's one-year performance is starkly negative compared to the market's decline of 1.55%. The steel sector has also faced challenges, with a 2.25% drop, contributing to the overall negative sentiment surrounding SAIL. Furthermore, a decrease in investor participation, as indicated by a 20.08% drop in delivery volume, suggests waning interest, which may further exacerbate the stock's downward trajectory.