Why is Sarthak Metals falling/rising?

As of 24-Sep, Sarthak Metals Ltd is experiencing a decline in its stock price, currently at Rs 107.50, which reflects a decrease of Rs 2.4 or 2.18%. Today's price summary indicates that the stock has underperformed its sector by 3.15% and has fallen after four consecutive days of gains. The stock touched an intraday low of Rs 105.8, marking a decrease of 3.73%. Over the past week, the stock has shown a modest increase of 1.42%, but it has significantly underperformed over the longer term, with a year-to-date decline of 32.13% and a one-year return of -36.16%. The company has reported negative results for the last ten consecutive quarters, with net sales and operating profit declining substantially, contributing to a very expensive valuation compared to its peers.
In the broader market context, while the Sensex has seen a slight decline of 1.18% over the past week, Sarthak Metals' performance has been notably worse, indicating a lack of investor confidence. The stock's recent fall is compounded by a significant drop in delivery volume, which has decreased by 59.44% against the five-day average, suggesting falling investor participation. Despite having a high return on equity and a low debt-to-equity ratio, the company's poor long-term growth prospects and declining profits have overshadowed these positive factors, leading to its current downward price movement.