Why is Surya Roshni falling/rising?

As of 01-Aug, Surya Roshni Ltd's stock price is currently at Rs 322.00, reflecting a decrease of Rs 7.2 or 2.19%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 5.46% during this period. Additionally, the stock's performance over the past week shows a decline of 4.02%, while it has also decreased by 6.48% over the past month. Despite these short-term declines, the stock has shown positive returns year-to-date at 8.41% and a notable increase of 235.37% over the last three years. The company has a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.79 times, and it has reported significant growth in profit before tax and profit after tax in recent quarters. However, the stock is currently facing challenges, including falling investor participation and a decline in the steel sector, which has contributed to its recent price drop.
Broader market context indicates that while Surya Roshni's stock has underperformed compared to the benchmark Sensex in the short term, with a 1-week decline of 4.02% against the Sensex's 1.06% drop, it has outperformed the benchmark over longer periods, such as the year and three years. The recent decline in delivery volume by 46.04% against the 5-day average suggests a decrease in investor interest, which may be impacting the stock's price negatively. Despite the current challenges, the stock's historical performance and the increasing participation of institutional investors, who have raised their stake by 0.62%, indicate a potential for recovery in the longer term.