Why is N K Industries falling/rising?

As of 25-Jul, N K Industries Ltd is experiencing a slight decline in its stock price, currently at 64.43, reflecting a decrease of 0.1 or 0.15%. The stock has shown erratic trading patterns, having not traded on 2 out of the last 20 days, and its delivery volume has decreased by 21.67% compared to the 5-day average, indicating falling investor participation. Despite outperforming its sector by 1.41% today, the stock's performance over the past month has been poor, with a decline of 7.31%. The company has a negative book value and weak long-term fundamental strength, as evidenced by a significant drop in net sales and operating profit over the last five years. Furthermore, the recent negative results, including a substantial fall in PAT and the lowest operating profit to net sales ratio, contribute to the stock's downward pressure.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark, as it has gained 0.33% over the past week while the Sensex has decreased by 0.53%. However, the year-to-date performance shows a stark contrast, with N K Industries down 15.37% compared to the Sensex's gain of 5.04%. This underperformance, coupled with high debt levels and a negative EBITDA, positions the stock as risky compared to its historical valuations. Overall, while there are some positive aspects such as consistent returns over the last three years, the negative financial indicators and declining investor interest suggest a challenging environment for N K Industries.