Why is Sunflag Iron falling/rising?

As of 07-Jul, Sunflag Iron & Steel Company Ltd is experiencing a decline in its stock price, currently at 302.70, which represents a decrease of 5.8 points or 1.88%. The stock has underperformed its sector by 1.7% today and has been on a downward trend for the last three days, accumulating a total loss of 3.86% during this period. The stock touched an intraday low of Rs 301, indicating a significant drop, and the weighted average price suggests that more volume was traded closer to this low price. Despite a strong long-term performance, with a 19.24% increase year-to-date and a remarkable 683.18% rise over the past five years, the recent decline may be attributed to falling investor participation, as evidenced by a 44.44% drop in delivery volume compared to the five-day average.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -3.95% compared to the Sensex's slight decline of only 0.20%. While Sunflag Iron has shown strong fundamentals, such as a low Debt to EBITDA ratio of 1.13 times, which indicates a solid ability to service debt, the recent underperformance and declining investor interest may be contributing to the current price drop. Overall, despite the company's historical market-beating performance, the recent trends suggest a cautious sentiment among investors in the short term.