Why is NACL Industries falling/rising?

As of 06-Nov, NACL Industries Ltd is experiencing a decline in its stock price, currently at Rs 190.05, which represents a decrease of 10.0 points or 5.0%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.16% during this period. Today's trading has shown high volatility with an intraday volatility of 6.11%, and the stock touched a low of Rs 190.05. While the company has reported positive operating cash flow and strong returns over the past year, it also faces significant challenges, including a negative EBITDA and a high debt-to-EBITDA ratio, which contribute to concerns about its long-term fundamental strength. Additionally, a reduction in promoter confidence, evidenced by a 10% decrease in their stake, may further impact investor sentiment negatively.
In the broader market context, NACL Industries has underperformed relative to the benchmark, with a 1-week return of -7.13% compared to the Sensex's -1.30%. Despite its impressive year-to-date return of 184.76% and a 1-year return of 260.63%, the stock's recent performance contrasts sharply with these longer-term gains. The overall market has shown resilience, with the Sensex gaining 1.86% over the past month, while NACL's performance has been lackluster. This divergence highlights the stock's current struggles, particularly in light of its recent volatility and declining investor participation.