Why is National Plastic falling/rising?

As of 02-Sep, National Plastic Technologies Ltd is experiencing a decline in its stock price, currently at Rs 224.90, down by Rs 1.1 or 0.49%. The stock has underperformed its sector by 1.2% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 3.14%. Despite opening with a gain of 4.42% and reaching an intraday high of Rs 236, it also touched a low of Rs 217.9, indicating significant volatility. Over the past month, the stock has decreased by 8.11%, and its year-to-date performance shows a substantial decline of 45.11%. The company has a high Debt to EBITDA ratio of 3.72, which raises concerns about its ability to service debt, contributing to negative investor sentiment.
In the broader market context, the stock's performance has been notably worse than the benchmark, with a one-year return of -42.17% compared to the Sensex's -2.91%. This stark contrast highlights the stock's struggle to attract investor interest, as evidenced by a 49.19% drop in delivery volume compared to the five-day average. While the company has shown healthy long-term growth with a 36.24% annual increase in net sales and a positive return on capital employed, these factors have not been enough to offset the negative perception stemming from its recent performance and high debt levels. Overall, the combination of poor short-term returns and high debt has led to a lack of confidence among investors, contributing to the stock's decline.