Why is National Standar falling/rising?

As of 07-Jul, National Standard (India) Ltd is experiencing a decline in its stock price, currently at Rs 2,587.00, which reflects a decrease of Rs 35.05 or 1.34%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite touching an intraday high of Rs 2,678.8 earlier in the day, the stock remains close to its 52-week low, just 2.59% away from Rs 2,520.1. Over the past month, the stock has underperformed significantly with a return of -11.56%, while the benchmark Sensex has gained 1.53%. The company's low return on equity of 6.09% and a significant reliance on non-operating income, which constitutes 102.45% of profit before tax, further highlight its poor management efficiency and profitability concerns.
In the broader market context, the stock's performance has been notably weak compared to the benchmark, with a staggering -40.80% year-to-date return against the Sensex's 6.79% gain. This consistent underperformance over the last three years, coupled with a lack of domestic mutual fund investment, suggests a lack of confidence in the company's prospects. The metal sector, in which National Standard operates, has also faced a downturn, with a decline of 2.25%. Overall, the combination of poor financial metrics, low investor confidence, and sector-wide challenges contributes to the stock's downward movement.