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

As of 16-Jul, National General Industries Ltd is experiencing a decline in its stock price, currently at Rs 52.06, which reflects a decrease of 2.0 or 3.7%. The stock has underperformed its sector by 3.2% today and has fallen after three consecutive days of gains. It opened with a loss of 3.79% and reached an intraday low of Rs 52.01. Over the past week, the stock has decreased by 3.57%, and its performance over the last month shows a significant decline of 20.52%. The company has reported operating losses and a weak long-term fundamental strength, indicated by a poor EBIT to Interest ratio of -0.77 and negative return on capital employed (ROCE). Additionally, the stock has consistently underperformed against the benchmark over the last three years, with a return of -28.24% in the past year and a decline in net sales by 20.85% over the latest six months.
In the broader market context, the Sensex has shown a relatively stable performance, with a slight decline of 1.08% over the past week and a positive return of 5.75% year-to-date. This contrast highlights the significant underperformance of National General Industries Ltd compared to the benchmark index. The stock's liquidity remains adequate for trading, but the falling investor participation, with a delivery volume drop of 98.91% against the five-day average, suggests a lack of confidence among investors. Overall, the combination of poor financial performance, negative operating profits, and a consistent trend of underperformance against the benchmark contributes to the stock's current downward movement.