Why is Nandani Creation falling/rising?

As of 22-Sep, Nandani Creation Ltd is currently priced at 38.48, reflecting a slight increase of 0.02 (0.05%). The stock has shown a performance today that outperformed its sector by 0.76%. Although the stock is trading higher than its 20-day moving averages, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. In the past week, the stock has gained 0.26%, but it has experienced a decline of 1.51% over the past month and a significant drop of 7.34% over the past year. Despite these declines, the stock's profits have risen by 27.1%, and it is trading at a discount compared to its peers' average historical valuations, indicating a very attractive valuation with a ROCE of 9.1. However, the company faces challenges such as a high Debt to EBITDA ratio and a weak long-term growth outlook, which could be contributing to investor caution.
In the broader market context, the Sensex has increased by 0.53% over the past week, while Nandani Creation's performance has lagged behind with a gain of only 0.26%. This underperformance is further highlighted by the stock's negative returns over the past year and three years compared to the benchmark indices. The company's long-term fundamentals are weak, with a low average ROCE and poor growth in net sales and operating profit over the last five years. Additionally, the high percentage of pledged promoter shares could exert downward pressure on the stock, especially in a falling market, which may be influencing investor sentiment and contributing to the stock's recent price movements.