Why is NACL Industries falling/rising?

As of 23-Sep, NACL Industries Ltd is experiencing a decline in its stock price, currently at 225.90, which reflects a decrease of 3.35 or 1.46%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total drop of 4.74% during this period. Additionally, the stock's performance over the past week shows a decline of 2.63%, while it has significantly underperformed the benchmark Sensex, which has only decreased by 0.34%. The stock's moving averages indicate a mixed picture, as it remains higher than the 200-day moving average but lower than the shorter-term averages. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 49% compared to the five-day average, suggesting waning interest from retail investors.
In the broader market context, while NACL Industries has shown impressive long-term performance with a 304.69% return over the past year, its recent short-term performance contrasts sharply with the benchmark. The Sensex has gained 0.98% over the past month, while NACL Industries has plummeted by 20.37% in the same timeframe. This discrepancy highlights the stock's volatility and potential concerns regarding its fundamental strength, particularly given its weak long-term operating profit growth and high debt levels. Although institutional investors have increased their stake, indicating some confidence in the company's potential, the overall financial health and recent performance trends suggest a challenging environment for the stock.