Why is Nahar Spinning falling/rising?

As of 16-Sep, Nahar Spinning Mills Ltd is experiencing a decline in its stock price, currently at 215.00, which reflects a decrease of 0.45 or 0.21%. The stock has been underperforming, having fallen for the last three days with a total decline of 0.53% during this period. Despite a positive performance over the past week and month, with returns of 1.63% and 7.85% respectively, the stock has significantly underperformed against the benchmark over the last year, generating a return of -29.84%. The company has shown some positive financial indicators, such as a 113.33% growth in profit before tax and a higher operating profit to interest ratio, but it also faces challenges like a high Debt to EBITDA ratio of 6.13 times and consistent underperformance against the benchmark over the last three years.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has shown a return of 1.58% over the past week and 2.21% over the past month. While the stock has been liquid enough for trading, there has been a notable decline in investor participation, with delivery volume falling by 13.52% against the five-day average. This decline in interest, combined with the company's low profitability per unit of shareholder funds and poor long-term growth prospects, contributes to the stock's downward movement. Overall, while there are some positive financial results, the negative factors and recent performance trends indicate a challenging environment for Nahar Spinning Mills Ltd.