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

As of 11-Jul, National General Industries Ltd is experiencing a slight increase in its stock price, currently at Rs 51.40, reflecting a change of 0.05 (0.1%) upward. Despite this minor uptick, the stock has shown a significant decline over the past month, with a return of -20.74%, and a staggering -28.68% over the last year. The stock is currently trading 3.89% away from its 52-week low and has recently gained after 13 consecutive days of decline. However, it remains below all key moving averages, indicating a bearish trend. The company is facing challenges, including operating losses and a weak ability to service its debt, which has contributed to its negative return on capital employed (ROCE) and overall poor financial health.
In the broader market context, the stock's performance has been notably worse than the benchmark, with a 1-week return of -4.81% compared to the Sensex's -1.12%. This consistent underperformance over the last three years highlights the company's struggles, as it has generated negative returns while the benchmark has seen positive growth. Despite a recent increase in investor participation, the overall sentiment remains cautious due to the company's weak long-term fundamentals and ongoing operational losses, which suggest that the stock may still be viewed as a risky investment.