Why is N K Industries falling/rising?

As of 14-Jul, N K Industries Ltd's stock price is currently at Rs 65.56, reflecting a decline of Rs 3.42 or 4.96%. The stock has underperformed its sector by 3.81% today and has experienced a trend reversal after seven consecutive days of gains. Additionally, the stock touched an intraday low of Rs 65.56, with trading volume skewed towards this low price. Over the past week, the stock has decreased by 1.71%, and it has shown a significant decline of 6.01% over the past month, contrasting with a positive return of 16.97% over the past year. However, the company faces challenges, including a negative book value, weak long-term growth, and high debt levels, which contribute to its current price movement.
In the broader market context, the Sensex has decreased by 1.42% over the past week, indicating that while N K Industries is also falling, it is doing so at a slightly higher rate than the benchmark. The stock's performance over the last month is particularly concerning, as it has significantly lagged behind the Sensex, which has gained 1.40%. The company's negative financial results, including a substantial drop in profit and a negative EBITDA, further exacerbate investor concerns, leading to a decline in participation and liquidity. Overall, these factors suggest a challenging environment for N K Industries, contributing to its recent price decline.