Why is Vibhor Steel falling/rising?

As of 08-Oct, Vibhor Steel Tubes Ltd is currently priced at 149.80, reflecting a slight increase of 0.5 (0.33%). The stock has recently shown a trend reversal, gaining after two consecutive days of decline. Despite this uptick, Vibhor Steel has underperformed significantly over various periods, with a one-week return of -2.28% and a year-to-date return of -30.24%. The stock is trading below all its moving averages, indicating a bearish trend, although there has been a rise in investor participation, with delivery volume increasing by 17.88% against the five-day average. The company's return on capital employed (ROCE) stands at a low 7.7%, and it has faced a substantial profit decline of -34% over the past year, contributing to a negative sentiment around the stock.
Broader market context shows that while Vibhor Steel has experienced a decline, the benchmark Sensex has gained 0.98% over the past week. This stark contrast highlights the stock's underperformance relative to the broader market. The company's high debt to EBITDA ratio of 4.15 times raises concerns about its ability to service debt, further impacting investor confidence. Additionally, negative financial results, including a 7.3% drop in net sales and the highest interest expenses recorded, suggest ongoing challenges for the company. Overall, the combination of weak fundamentals, poor historical performance, and unfavorable market conditions contributes to the stock's current price movement.