Why is Vraj Iron falling/rising?

As of 12-Sep, Vraj Iron & Steel Ltd's stock price is currently at 153.50, reflecting an increase of 0.7 or 0.46%. The stock has shown a mixed performance recently, outperforming its sector by 0.49% today. However, it has underperformed in the longer term, with a 1-month return of -3.58% and a year-to-date decline of -30.07%. The stock's moving averages indicate that while it is higher than the 5-day and 20-day averages, it remains below the 50-day, 100-day, and 200-day averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 13.98% against the 5-day average. The company has a low debt-to-equity ratio and an attractive valuation, but its profits have declined 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 +0.59% over the past week is significantly lower than the Sensex's return of +1.48% during the same period. This indicates that while the stock has seen a slight uptick today, it continues to lag behind the overall market performance. The company's poor long-term growth prospects, as evidenced by stagnant net sales and operating profit growth over the last five years, coupled with negative quarterly results, suggest that investor confidence may be waning. Furthermore, the absence of domestic mutual fund investment in the company may reflect a lack of confidence in its future performance, contributing to the stock's struggles in both the near and long term.