Why is NACL Industries falling/rising?

As of 24-Sep, NACL Industries Ltd is experiencing a decline in its stock price, currently at Rs 219.75, which represents a decrease of 6.15 points or 2.72%. The stock has underperformed its sector by 2.4% today and has been on a downward trend for the last three days, accumulating a total loss of 7.34% during this period. Additionally, the stock's performance over the past week shows a significant drop of 9.49%, while its one-month return is down 22.54%. Despite a remarkable year-to-date return of 229.26% and a one-year return of 300.13%, the company faces challenges such as weak long-term fundamental strength, highlighted by a -200.73% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 12.51 times.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.18% over the past week. While institutional investors have increased their stake in NACL Industries, indicating some level of confidence, the company's flat results and negative EBITDA raise concerns about its long-term viability. The stock's liquidity remains adequate for trading, but the falling investor participation, as evidenced by a 31.33% drop in delivery volume, suggests waning interest among retail investors. Overall, the combination of short-term price declines, weak fundamentals, and declining investor engagement contributes to the stock's current downward trajectory.