Why is Sunflag Iron falling/rising?

As of 23-Jul, Sunflag Iron & Steel Company Ltd is experiencing a decline in its stock price, currently at 293.70, which reflects a decrease of 3.1 points or 1.04%. The stock has underperformed its sector today by 1.27% and has been on a consecutive downward trend for the last two days, resulting in a total return loss of 1.64% during this period. Despite this recent decline, the stock has shown strong performance over the longer term, with a 20.32% increase over the past year and a remarkable 251.11% rise over the last three years. The company maintains a low Debt to EBITDA ratio of 1.13 times, indicating a strong ability to service its debt, which supports its overall financial health.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week return of -2.80% compared to the Sensex's slight gain of 0.11%. However, the stock has outperformed the BSE500 index over longer periods, including the last month and year. The rising investor participation, as evidenced by a 12.72% increase in delivery volume, suggests that there is still interest in the stock despite its recent price drop. Overall, while the stock is currently facing short-term challenges, its long-term performance remains strong, which may provide a buffer against the recent declines.