Why is Nagarjuna Fert. falling/rising?

As of 13-Aug, Nagarjuna Fertilizers & Chemicals Ltd is currently priced at 6.00, showing no change (0.00%). The stock has outperformed its sector today by 1.02%, and it is trading higher than its 5-day, 50-day, and 100-day moving averages, although it remains below its 20-day and 200-day moving averages. Over the past week, the stock has increased by 2.39%, while it has seen a modest gain of 0.67% over the past month. However, the stock has significantly underperformed over the longer term, with a year-to-date decline of 36.03% and a one-year drop of 41.00%. The company faces serious challenges, including a negative book value, a high debt-to-EBITDA ratio of 6.80 times, and reported losses, which contribute to its weak long-term fundamental strength. Additionally, 37.41% of promoter shares are pledged, which can exert further downward pressure in a falling market.
Broader market context indicates that while the Sensex has generated a slight negative return of -0.01% over the past week, Nagarjuna Fertilizers has managed to outperform this benchmark. However, the stock's performance remains concerning in the context of its long-term returns, particularly given the broader market's positive return of 3.07% year-to-date. The significant underperformance of Nagarjuna Fertilizers compared to the market highlights the risks associated with its financial instability and the negative sentiment surrounding its ability to recover, especially in light of its recent negative results and high debt levels.