Why is Shyam Century falling/rising?

As of 25-Sep, Shyam Century Ferrous Ltd is experiencing a decline in its stock price, currently at 7.10, reflecting a decrease of 0.08 or 1.11%. The stock has underperformed its sector by 0.96% today and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 3.66%, and it has shown significant underperformance over longer periods, with a year-to-date decline of 47.17% and a staggering 58.65% drop over the last year. The company's financial health is concerning, as it has reported negative operating profit growth and a negative EBITDA, alongside a low debt-to-equity ratio. Additionally, promoter confidence appears to be waning, with a reduction in their stake, which may further impact investor sentiment negatively.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has consistently underperformed the BSE500 over the last three years. While the Sensex has shown a modest gain of 3.87% year-to-date, Shyam Century's significant losses highlight its struggles in the current market environment. The stock's liquidity remains adequate for trading, but the overall negative sentiment surrounding its financial results and declining promoter confidence suggest a challenging outlook ahead.