Why is Nandan Denim falling/rising?

As of 12-Aug, Nandan Denim Ltd's stock price is currently at 3.43, reflecting a decrease of 0.01, or 0.29%. The stock has underperformed in the short term, with a 1-week return of -2.00% and a 1-month return of -9.74%. Today's performance indicates that it has outperformed its sector by 0.57%, but it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 43.25% compared to the 5-day average. While the company has shown healthy long-term growth with net sales increasing at an annual rate of 28.18% and a strong operating profit growth of 48.14%, it also faces challenges such as low management efficiency and a high debt-to-EBITDA ratio, which negatively impact investor sentiment.
In the broader market context, Nandan Denim's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of 0.59% over the past week. The stock's year-to-date performance is particularly concerning, with a decline of 29.42%, while the Sensex has gained 2.68% during the same period. Although institutional investors have increased their stake in the company, indicating some confidence in its fundamentals, the overall negative returns over the past year and the company's struggles with profitability and debt servicing continue to weigh heavily on its stock price.