Why is Shree Metalloys falling/rising?

As of 27-Jun, Shree Metalloys Ltd's stock price is currently at Rs 36.51, reflecting a decline of Rs 1.94 or 5.05%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in an overall decrease of 8.2% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite the company reporting positive results for the last three consecutive quarters and an increase in promoter confidence with a 4.64% stake increase, the stock's performance has been negatively impacted by weak long-term fundamentals, including a low average Return on Equity (ROE) of 4.79% and a poor EBIT to Interest ratio.
In the broader market context, Shree Metalloys has underperformed relative to the benchmark Sensex, which has gained 2.00% over the past week while the stock has declined by 5.17%. This stark contrast highlights the challenges faced by the company, as it struggles with a year-to-date decline of 24.72% compared to the Sensex's increase of 7.58%. The stock's liquidity remains adequate, but the negative sentiment surrounding its long-term growth prospects and recent price movements suggests that investor confidence may be wavering, contributing to its current downward trajectory.