Why is Nandani Creation falling/rising?

As of 19-Sep, Nandani Creation Ltd's stock price is currently at 38.46, reflecting a slight increase of 0.12, or 0.31%. The stock's performance today is inline with its sector, and while it is trading higher than its 20-day moving average, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.24%, and over the past month, it has decreased by 5.06%. Despite a year-to-date return of 6.51%, the stock has underperformed in the long term, showing a 7.33% decline over the past year and a significant 30.51% drop over the last three years. Positive factors include a very attractive valuation with a ROCE of 9.1 and a trading discount compared to peers, while negative factors such as weak long-term fundamentals, a high Debt to EBITDA ratio, and a significant portion of promoter shares being pledged contribute to the stock's downward pressure.
In the broader market context, the Sensex has shown a positive return of 0.85% over the past week and 1.39% over the past month, contrasting with Nandani Creation's declines during the same periods. This underperformance against the benchmark indicates that the stock is not only struggling in its own right but is also lagging behind the overall market trends. The company's weak long-term growth metrics and flat results in recent quarters further exacerbate its challenges, suggesting that while there may be some short-term investor interest, the long-term outlook remains concerning.