Why is Nagreeka Exports falling/rising?

As of 24-Sep, Nagreeka Exports Ltd's stock price is currently at 34.36, reflecting an increase of 0.8 or 2.38%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this recent uptick, the stock has underperformed in the short term, with a 1-week return of -7.11%. Over the past month, however, it has performed well with a return of +25.86%. The stock's performance today has outpaced its sector by 2.57%, but there is a notable decline in investor participation, with delivery volume dropping significantly by 86.56% compared to the 5-day average. Additionally, while the stock is trading at a discount compared to its peers, it has faced challenges with a -16.70% return over the past year and a concerning -55.8% drop in profits.
In the broader market context, the Sensex has only declined by -1.18% over the past week, indicating that Nagreeka Exports' short-term performance is significantly worse than the benchmark. The stock's long-term fundamentals are weak, as evidenced by a low average Return on Capital Employed (ROCE) of 4.27% and a high Debt to EBITDA ratio of 11.73 times. Furthermore, the company has reported negative results for the last four consecutive quarters, which has contributed to its underperformance relative to the market. Despite the recent price increase, the overall financial health and growth prospects of Nagreeka Exports Ltd remain concerning, leading to a cautious outlook on its stock performance.