Why is NACL Industries falling/rising?

As of 23-Jul, NACL Industries Ltd is experiencing a decline in its stock price, currently at Rs 303.20, which reflects a decrease of Rs 15.95 or 5.0%. The stock has underperformed its sector by 5.06% today and has seen a trend reversal after six consecutive days of gains. Despite this drop, the stock has shown impressive returns over various periods, including a 70.77% increase over the past month and a staggering 366.46% rise over the last year. However, the company has reported negative results for the last two consecutive quarters, with significant declines in net sales and profitability, which raises concerns about its long-term fundamental strength.
In the broader market context, while NACL Industries has outperformed the BSE500 index significantly over the long term, its recent performance contrasts sharply with the benchmark's modest gain of 0.11% over the past week. The stock's high Debt to EBITDA ratio and negative EBITDA signal financial instability, which may deter investor confidence. Furthermore, the lack of domestic mutual fund investment suggests that institutional investors may be wary of the company's valuation and business prospects, contributing to the stock's current downward movement.