Why is Vallabh Steels falling/rising?

As of 01-Jul, Vallabh Steels Ltd is currently priced at 9.39, showing no change (0.00%). The stock has underperformed its sector by 0.25% today, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 9.82%, but it has seen a significant decline of 13.85% over the past month and a staggering 24.88% drop over the past year. The company is facing challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. Additionally, the delivery volume has fallen drastically by 94.88% against the 5-day average, indicating a decline in investor participation.
In the broader market context, while the Sensex has gained 2.00% over the past week and 2.76% over the past month, Vallabh Steels has struggled to keep pace, particularly with a year-to-date return of only 2.07% compared to the Sensex's 7.11%. The stock's performance has been particularly poor over the last year, generating negative returns while the broader market has seen positive growth. This underperformance, combined with the company's weak financial metrics and risky valuation, suggests that Vallabh Steels is facing significant headwinds in the current market environment.