Why is Steel Strips Inf falling/rising?

As of 02-Sep, Steel Strips Infrastructures Ltd is experiencing a decline in its stock price, currently at Rs 24.19, which represents a decrease of 1.2 (-4.73%). The stock has underperformed its sector by 5.78% today, reaching an intraday low of Rs 22.75, reflecting a significant drop of 10.4%. The stock has been highly volatile, with an intraday volatility of 5.68%, and it is trading below all key moving averages. Over the past week, the stock has seen a return of -6.42%, while it has generated a return of -29.37% over the past year, indicating a consistent underperformance compared to the broader market. Despite a reported growth in operating profit and positive financial metrics, the company is facing challenges such as operating losses and a high debt to EBITDA ratio, which contribute to its weak long-term fundamental strength.
In the broader market context, the Sensex has shown a slight decline of 0.78% over the past week, indicating that the market is relatively stable compared to Steel Strips Infrastructures Ltd's significant drop. The stock's performance has been particularly poor over the long term, with a return of -28.20% year-to-date, contrasting sharply with the Sensex's gain of 2.58% in the same period. This stark difference highlights the company's struggles in maintaining investor confidence and suggests that the negative sentiment surrounding its financial health is impacting its stock price more severely than the overall market.