Why is NACL Industries falling/rising?

As of 10-Jul, NACL Industries Ltd is currently priced at 246.00, reflecting a decline of 4.95 points or 1.97%. The stock has underperformed its sector today, with a performance drop of 0.76%. It reached an intraday low of Rs 239, indicating a significant decrease of 4.76%. Over the past week, the stock has seen a decline of 2.57%, but it has performed exceptionally well over the longer term, boasting a 41.46% increase over the past month and an impressive 268.59% year-to-date return. However, the company has declared negative results for the last two consecutive quarters, with significant operating losses and a high Debt to EBITDA ratio of 12.51 times, which raises concerns about its long-term fundamental strength and profitability.
In the broader market context, while NACL Industries has outperformed the BSE500 over the last year and three years, its recent performance contrasts with the benchmark's slight decline of 0.06% over the past week. The stock's liquidity remains adequate for trading, but the falling investor participation, with a 20.61% drop in delivery volume, suggests waning interest among investors. The lack of domestic mutual fund investment, at 0%, further indicates a lack of confidence in the company's future prospects, which may contribute to the stock's current downward trend despite its strong historical returns.