Why is NACL Industries falling/rising?

As of 11-Aug, NACL Industries Ltd's stock price is currently at 288.45, reflecting a decline of 10.45 points or 3.5%. The stock has been on a downward trend, having fallen consecutively for the last five days, resulting in a total decline of 10.38% over that period. Today's trading saw the stock reach a high of Rs 308 but also dip to a low of Rs 284, indicating significant volatility. Despite a strong long-term performance with a 357.78% return over the past year, the company's recent financial results have raised concerns, particularly with a negative EBITDA and a significant drop in operating profits. Additionally, while institutional investors have increased their stake, the overall investor participation has decreased sharply, suggesting waning confidence among retail investors.
In the broader market context, NACL Industries has underperformed the sector today, lagging by 3.73%. Over the past week, while the stock has seen a substantial decline, the benchmark Sensex has only decreased by 0.51%, highlighting a stark contrast in performance. Despite the company's impressive long-term returns compared to the BSE500, the recent weak financial indicators and high debt levels have contributed to its current price drop, making it a risky investment in the short term.