Why is Steel Exchange falling/rising?

As of 22-Jul, Steel Exchange India Ltd is experiencing a decline in its stock price, currently at 10.73, which reflects a decrease of 0.17 or 1.56%. The stock has underperformed its sector by 1.16% today and has fallen after two consecutive days of gains. Despite being above the 20-day, 50-day, 100-day, and 200-day moving averages, it is below the 5-day moving average. Over the past week, the stock has dropped by 2.01%, while it has shown a significant increase of 32.14% over the past month. However, the company has a weak long-term fundamental strength, with a high Debt to EBITDA ratio and a concerning proportion of pledged promoter shares, which adds downward pressure in a falling market.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which has only declined by 0.47% over the past week. The stock has consistently underperformed against the benchmark over the last three years, generating a return of -17.46% in the past year compared to the Sensex's gain of 2.09%. While the company has seen a significant increase in profits, the overall weak long-term growth and high debt levels raise concerns among investors, contributing to the stock's current downward trajectory.