Why is Vibhor Steel falling/rising?

As of 29-Jul, Vibhor Steel Tubes Ltd's stock price is currently at Rs 162.90, reflecting an increase of Rs 1.2 or 0.74%. The stock has shown a trend reversal by gaining after five consecutive days of decline. However, it underperformed its sector by 0.6% today, and despite the recent uptick, it has experienced a significant decline of 43.92% over the past year. The stock's performance today included an intraday low of Rs 157.4, and while it is above the 50-day and 100-day moving averages, it remains below the 5-day, 20-day, and 200-day moving averages. The company has a Return on Capital Employed (ROCE) of 7.7, indicating attractive valuation, but its profits have fallen by 34% over the past year, contributing to the overall negative sentiment.
In the broader market context, Vibhor Steel's recent performance contrasts with the benchmark Sensex, which has seen a decline of only 1.03% over the past week, while Vibhor Steel has dropped by 6.33% in the same period. This underperformance highlights the stock's weakness relative to the market. Additionally, the company has a high Debt to EBITDA ratio of 4.15 times, indicating a low ability to service debt, which raises concerns about its long-term fundamental strength. Despite a rise in investor participation, as evidenced by a 134.62% increase in delivery volume, the overall sentiment remains cautious due to the company's flat results and significant losses over the past year.