Why is Steel City Sec. falling/rising?

As of 23-Jul, Steel City Securities Ltd is currently priced at 107.89, reflecting a slight increase of 0.09 (0.08%). The stock has shown a performance of +0.66% over the past week and +3.42% over the past month, which is significantly higher than the Sensex's returns of +0.03% and +0.99% respectively. Despite this positive short-term performance, the stock has underperformed its sector today by -0.46%. The stock is trading above its 50-day, 100-day, and 200-day moving averages, but below its 5-day and 20-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 66.2% against the 5-day average, and the company boasts a high dividend yield of 4.64%. Positive factors contributing to the stock's recent movement include a very attractive valuation with a return on equity (ROE) of 13.2 and a price-to-book value of 1.3, alongside rising promoter confidence as they have increased their stake by 1.78% over the previous quarter.
In the broader market context, Steel City Securities Ltd has outperformed the market over the past year, generating a return of 22.71% compared to the BSE500's return of only 1.79%. However, the stock's year-to-date performance shows a decline of -7.72%, contrasting with the Sensex's gain of +6.66%. This discrepancy highlights the stock's volatility and potential concerns regarding its long-term fundamental strength, as indicated by a weak average ROE of 11.51% and a decline in net sales and profits in the most recent quarter. These factors may contribute to a cautious outlook among investors despite the recent positive movements in the stock price.