Why is NACL Industries falling/rising?

As of 05-Sep, NACL Industries Ltd is experiencing a decline in its stock price, currently at 267.70, reflecting a decrease of 1.55 points or 0.58%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total drop of 4.92% during this period. Today, it opened with a loss of 2.43% and reached an intraday high of Rs 276, while the low was Rs 262. Despite outperforming its sector by 0.45% today, the stock's performance over the past week shows a significant decline of 4.90%, and over the last month, it has decreased by 16.44%. While institutional investors have increased their stake, indicating some positive sentiment, the company faces challenges such as weak long-term fundamental strength, negative EBITDA, and a high Debt to EBITDA ratio, which may be contributing to the stock's recent struggles.
In the broader market context, the stock's short-term performance has not aligned well with the benchmark, as it has underperformed the Sensex, which has gained 1.13% over the past week. Although NACL Industries has shown impressive long-term returns, including a 355.81% increase over the past year, the recent declines highlight concerns regarding its operational profitability and financial health. The company's flat results in net sales and profits, along with a significant drop in delivery volume, suggest that investor confidence may be waning, further impacting its stock price negatively.