Why is Sunflag Iron falling/rising?

As of 18-Jul, Sunflag Iron & Steel Company Ltd is experiencing a decline in its stock price, currently at Rs 295.50, which reflects a decrease of Rs 3.0 or 1.01%. The stock has underperformed its sector by 1.33% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 2.2%. Despite a strong long-term performance, with a 21.08% return over the past year and significant gains over three and five years, the stock's recent movement is influenced by a decrease in investor participation, as evidenced by a 53.9% drop in delivery volume compared to the five-day average. Additionally, while the stock remains above its 50, 100, and 200-day moving averages, it is currently below its 5 and 20-day moving averages, indicating potential short-term weakness.
In the broader market context, the stock's short-term performance has been less favorable compared to the benchmark, with a 2.28% decline over the past week against a 0.90% drop in the Sensex. This underperformance in the short term contrasts with its strong long-term returns, suggesting that while the company has a solid ability to service debt and has consistently outperformed the BSE500 in recent years, current market dynamics and reduced trading activity may be contributing to the stock's recent price decline.