Why is Steel City Sec. falling/rising?

As of 12-Jun, Steel City Securities Ltd is experiencing a price increase, currently trading at 112.16, which reflects a rise of 5.2 or 4.86%. The stock has shown strong performance today, outperforming its sector by 6.32%. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 7.19%, and in the last month, it has risen by 10.39%. Despite this positive momentum, there has been a decline in investor participation, with delivery volume falling by 14.93% compared to the 5-day average. The company boasts a high dividend yield of 3.74%, and its return on equity (ROE) of 13.2 indicates a very attractive valuation. Additionally, promoters have increased their stake by 1.78%, signaling confidence in the company's future.
In the broader market context, Steel City Securities Ltd has outperformed the Sensex, which has only increased by 0.55% over the past week. While the stock has generated a return of 10.83% over the past year, it has underperformed year-to-date with a decline of 4.07%, contrasting with the Sensex's gain of 5.26%. The stock's long-term performance remains strong, with a 102.45% increase over the past three years, significantly surpassing the benchmark's 53.61% rise. However, concerns about long-term fundamental strength persist, as net sales have fallen by 20.65%, and profitability metrics have also declined. Despite these challenges, the recent positive movements in stock price and promoter confidence suggest a favorable outlook in the near term.