Why is Vardhman Special falling/rising?

As of 18-Sep, Vardhman Special Steels Ltd's stock price is currently at Rs 272.15, reflecting a decrease of Rs 1.85 or 0.68%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 1.96% during this period. Additionally, the stock's performance today has underperformed its sector by 1.08%. Over the past week, it has seen a slight decline of 0.42%, while it has performed better over the longer term with a 7.17% increase over the past month and a notable 19.23% increase year-to-date. Despite these positive long-term trends, the stock's recent movement is influenced by a decrease in investor participation, as evidenced by a 27.87% drop in delivery volume compared to the five-day average. However, the company maintains strong fundamentals, including a high return on capital employed (ROCE) of 15.08% and a low debt to EBITDA ratio of 0.82, indicating good management efficiency and the ability to service debt.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has increased by 1.80% over the past week. While Vardhman Special Steels has shown strong long-term growth, with a remarkable 115.44% increase over the past three years, its short-term performance is lagging behind the benchmark. The stock's current decline may reflect broader market dynamics or sector-specific challenges that are impacting investor sentiment, leading to reduced trading activity and a cautious outlook among investors.