Why is Vardhman Special falling/rising?

As of 31-Oct, Vardhman Special Steels Ltd is experiencing a decline in its stock price, currently at Rs 286.00, reflecting a decrease of Rs 6.3 or 2.16%. The stock has underperformed its sector by 1.64% today and has been on a consecutive fall for the last four days, resulting in a total decline of 9.38% during this period. Despite a strong long-term performance with a year-to-date increase of 25.30% and a three-year increase of 117.99%, the recent trend indicates a downturn, exacerbated by a significant drop in delivery volume, which fell by 62.33% against the five-day average. Additionally, while the company has shown strong financial metrics, such as a low Debt to EBITDA ratio and healthy operating profit growth, its profits have recently fallen by 10.2%, contributing to investor concerns.
In the broader market context, the stock's short-term performance has been notably weaker compared to the benchmark, with a one-week return of -5.20% against a slight decline of 0.32% in the Sensex. This underperformance highlights a divergence from the overall market trend, where the Sensex has shown positive returns over the past month (+3.65%). The liquidity of the stock remains adequate, but the falling investor participation suggests a cautious sentiment among traders, which may be influencing the stock's current price movement.