Why is Incap falling/rising?

As of 30-Jun, Incap Ltd's stock price is currently at Rs 81.21, reflecting a decrease of Rs 1.86 or 2.24%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 7.77% during this period. Despite opening with a gain of 2.56% today and reaching an intraday high of Rs 89.85, it has traded in a wide range of Rs 8.85, indicating high volatility. The stock is also trading below its moving averages across various time frames, and there has been a significant drop in investor participation, with delivery volume decreasing by 92.48% against the five-day average. While the company has reported positive results in terms of net sales and return on capital employed, it faces challenges with long-term fundamental strength, including a negative CAGR growth in net sales over the past five years and a low return on equity.
In the broader market context, Incap's short-term performance has lagged behind the benchmark, with a 1-week return of +1.32% compared to the Sensex's +2.09%. Over the past month, Incap has declined by 2.92%, while the Sensex has gained 2.65%. This underperformance is compounded by the company's weak ability to service its debt and low profitability metrics, which may be contributing to investor concerns and the stock's downward movement. Despite a strong performance over the past year, generating a return of 31.32%, the recent trends and fundamental weaknesses suggest a challenging outlook for the stock in the near term.