Why is Natl. Gen. Inds. falling/rising?

As of 25-Jun, National General Industries Ltd is experiencing a decline in its stock price, currently at Rs 60.52, reflecting a decrease of Rs 3.13 or 4.92%. The stock has underperformed its sector by 5.91% today and has been on a consecutive downward trend for the last two days, resulting in a total return of -9.67% over this period. Additionally, the stock has shown significant underperformance against the benchmark, with a one-week return of -7.46% compared to the Sensex's gain of 1.61%. The company has reported operating losses and negative returns on capital employed, which contribute to its weak long-term fundamental strength. Furthermore, the stock's negative performance over the past year, with a return of -22.39%, indicates ongoing challenges, including a decline in net sales by 20.85% in the latest six months.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has consistently underperformed the BSE 500 over the past three years. While the Sensex has gained 5.91% year-to-date, National General Industries Ltd has seen a decline of 9.67%, highlighting its struggles in a generally positive market environment. The company's weak ability to service its debt, as indicated by a poor EBIT to interest ratio, further exacerbates its risk profile, making it a less attractive investment compared to the broader market trends.