Why is National Standar falling/rising?

As of 22-Jul, National Standard (India) Ltd is experiencing a price increase, currently at Rs 2,516.00, reflecting a rise of 29.45 (1.18%). Despite this uptick, the stock has shown a negative performance in the short term, with a 1-week return of -0.47% and a 1-month return of -6.99%. The stock is currently 2.62% away from its 52-week low and has touched an intraday high of Rs 2,600, indicating some volatility. However, it is trading below all its moving averages, and there has been a significant drop in investor participation, with delivery volume falling by 75.85% against the 5-day average. The company also faces challenges, including a low return on equity of 5.91%, poor long-term growth, and negative EBITDA, which contribute to a perception of risk among investors.
In the broader market context, the stock's performance has been consistently underwhelming compared to the benchmark, with a year-to-date return of -42.43% against the Sensex's positive return of 5.18%. Over the past three years, National Standard has underperformed the BSE500, further highlighting its struggles. The recent price increase may be seen as a minor correction after two consecutive days of decline, but the overall trend remains concerning given the company's financial inefficiencies and lack of confidence from domestic mutual funds, which hold no stake in the company.