Why is National Standar falling/rising?

As of 29-Aug, National Standard (India) Ltd is experiencing a decline in its stock price, currently at Rs 1,750.00, reflecting a decrease of Rs 16.25 or 0.92%. The stock has been underperforming significantly, with a consecutive fall over the last four days, resulting in a total decline of 9.93% in that period. It is also trading close to its 52-week low, just 2.86% above Rs 1,700. The stock's performance has been poor over various time frames, with a year-to-date decline of 59.95% and a staggering 62.96% drop over the past year. Contributing to this downturn are negative financial indicators, including a low return on equity of 5.91%, a significant decline in operating profit over the last five years, and negative earnings before interest, taxes, depreciation, and amortization (EBITDA). Additionally, domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its prospects.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has shown a modest increase of 2.14% year-to-date. Over the past week and month, National Standard has underperformed the Sensex, with declines of 9.93% and 23.50%, respectively, while the benchmark has only fallen by 1.84% and 1.88% in the same periods. This consistent underperformance against the benchmark, coupled with falling investor participation and liquidity issues, further highlights the challenges facing National Standard in the current market environment.