Why is NACL Industries falling/rising?

As of 08-Jul, NACL Industries Ltd is experiencing a decline in its stock price, currently at Rs 239.00, which reflects a decrease of 12.55 points or 4.99%. The stock has underperformed its sector by 4.33% today and has been on a downward trend for the last two days, accumulating a total loss of 9.81% during this period. Despite a strong long-term performance with a 244.43% return over the past year, the company has reported negative results in the last two consecutive quarters, including significant operating losses and a low return on equity. Additionally, the stock's delivery volume has dropped substantially, indicating falling investor participation, which may contribute to the current price decline.
In the broader market context, while NACL Industries has outperformed the Sensex with a 37.71% return over the past month compared to the benchmark's 1.85%, the recent negative financial results and high debt levels have raised concerns among investors. The stock's liquidity remains adequate, but the lack of domestic mutual fund investment suggests a lack of confidence in the company's fundamentals. Overall, while the stock has shown impressive long-term gains, the recent financial performance and market sentiment appear to be driving the current decline in its price.