Why is Nandani Creation falling/rising?

As of 23-Sep, Nandani Creation Ltd's stock price is currently at 37.82, reflecting a decrease of 0.66, or 1.72%. The stock has underperformed its sector by 1.1% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 34.94% compared to the 5-day average. Over the past year, the stock has generated a return of -8.71%, while its profits have increased by 27.1%. However, the company faces challenges such as a weak long-term fundamental strength indicated by a low average Return on Capital Employed (ROCE) of 5.78% and a high Debt to EBITDA ratio of 4.40 times, which may contribute to the stock's decline.
In the broader market context, Nandani Creation's short-term performance has been notably weaker than the benchmark, with a 1-week return of -2.17% compared to the Sensex's -0.28%. This underperformance is compounded by the company's flat results in recent financial periods and the high percentage of pledged promoter shares, which can exert additional downward pressure in a falling market. Overall, the combination of weak long-term growth prospects, declining investor interest, and poor recent performance relative to the benchmark suggests that the stock is facing significant challenges that are contributing to its current downward trajectory.