Why is Vraj Iron falling/rising?

As of 09-Sep, Vraj Iron & Steel Ltd's stock price is currently at 152.85, reflecting an increase of 0.65 or 0.43%. Today's price summary indicates that the stock's performance is in line with its sector, although it is higher than the 5-day moving averages but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Despite a recent 4.05% increase over the past week, the stock has experienced a significant decline of 8.53% over the last month and a staggering 30.36% year-to-date. The company has a low debt-to-equity ratio and an attractive valuation with a return on equity of 11.1%, but its profits have fallen by 23% over the past year, contributing to the stock's negative performance.
In the broader market context, the stock's short-term return of 4.05% over the past week outperforms the Sensex, which has only increased by 1.18% in the same period. However, the stock has consistently underperformed against the benchmark over longer periods, including a 27.90% decline over the past year compared to a slight drop of 0.56% for the Sensex. The falling investor participation, with a 43.49% decrease in delivery volume, suggests a lack of confidence among investors, which may be exacerbated by the company's poor long-term growth prospects and minimal interest from domestic mutual funds.