Why is National Plastic falling/rising?

As of 09-Jul, National Plastic Technologies Ltd is experiencing a decline in its stock price, currently at Rs 258.00, which reflects a decrease of Rs 1.85 or 0.71%. The stock has been underperforming, having lost 5.82% over the last four days, and it is trading below all significant moving averages. In terms of returns, the stock has shown a significant decline of 37.03% year-to-date and 35.63% over the past year, while its profits have increased by 7.4%. Despite an attractive valuation indicated by a return on capital employed (ROCE) of 16.5 and a PEG ratio of 2.4, the high Debt to EBITDA ratio of 3.72 times raises concerns about the company's ability to service its debt, contributing to the stock's negative performance.
In the broader market context, the stock has underperformed compared to the Sensex, which has gained 6.91% year-to-date. Over the past week, while the Sensex has seen a slight increase of 0.15%, National Plastic's stock has dropped by 4.44%. This stark contrast highlights the challenges faced by the company in the current market environment, particularly given its flat operating results and low ability to service debt. The rising investor participation, indicated by a significant increase in delivery volume, suggests some interest in the stock, but overall, the negative factors seem to outweigh the positives, leading to its continued decline.