Why is Vardhman Special falling/rising?

As of 16-Sep, Vardhman Special Steels Ltd is currently priced at 275.80, reflecting a decrease of 1.8 points or 0.65%. The stock has recently underperformed its sector by 1.6% and has experienced a trend reversal, falling after three consecutive days of gains. Despite this decline, the stock has shown strong performance over the past week, month, and year-to-date, with returns of 1.96%, 7.65%, and 20.83%, respectively. The company benefits from high management efficiency, evidenced by a return on capital employed (ROCE) of 15.08%, and a low debt-to-EBITDA ratio of 0.82 times, indicating a strong ability to service its debt. Additionally, the operating profit has grown at an impressive annual rate of 61.70%, contributing to a healthy long-term growth outlook.
In the broader market context, Vardhman Special Steels has outperformed the Sensex over the past week and month, with respective returns of 1.96% compared to the Sensex's 1.58% and 7.65% versus 2.21%. However, the stock's recent decline may be attributed to its underperformance today and the recent trend reversal. Despite the current price drop, the stock remains above its moving averages, indicating a generally positive trend over a longer period. The rising investor participation, with a significant increase in delivery volume, suggests continued interest in the stock, which may help stabilize its price in the near future.