Why is Sunflag Iron falling/rising?

As of 10-Jun, Sunflag Iron & Steel Company Ltd is experiencing a decline in its stock price, currently at Rs 278.10, which reflects a decrease of Rs 12.35 or 4.25%. The stock has underperformed its sector today, falling for the last two consecutive days with a total decline of 6.88%. Despite this recent downturn, the stock has shown strong performance over the past month with a return of 22.97% and has consistently outperformed the benchmark indices over various time frames, including a 33.00% increase over the last year. However, the stock's liquidity appears to be decreasing, as evidenced by a 26.15% drop in delivery volume compared to the five-day average. The company maintains a strong ability to service its debt, indicated by a low Debt to EBITDA ratio of 1.13 times, and technical indicators suggest a bullish trend overall.
In the broader market context, Sunflag Iron's recent performance contrasts with the Sensex, which has only increased by 2.05% over the past week. While the stock has shown significant returns over longer periods, the short-term decline highlights a potential shift in investor sentiment, possibly influenced by the recent drop in trading volume and consecutive price falls. Despite the current challenges, the stock's historical performance and technical indicators suggest that it remains in a bullish range, which may provide a foundation for recovery in the future.