Why is Natl. Oxygen falling/rising?

As of 24-Jul, National Oxygen Ltd is currently priced at 141.00, reflecting a decrease of 0.5, or 0.35%. The stock has been underperforming recently, having fallen for the last three days with a total decline of 2.08%. Despite this, the stock has shown positive returns over the past week, gaining 0.71%, and has performed well over the past month with a 17.75% increase. However, the company is facing challenges, including a negative book value and weak long-term fundamental strength, as indicated by a poor annual growth rate in net sales of -1.57% over the last five years. Additionally, the company's recent financial results have been disappointing, with the lowest quarterly net sales recorded at Rs 8.62 crore and a negative EBITDA, which raises concerns about its ability to service debt.
In the broader market context, the Sensex has shown a slight decline of 0.09% over the past week, while National Oxygen's short-term performance has outpaced this benchmark. However, the stock's recent price movement and falling investor participation, with a 28.74% drop in delivery volume, suggest a lack of confidence among investors. The overall liquidity remains adequate for trading, but the combination of negative financial indicators and a weak EBIT to interest ratio indicates that the stock may be viewed as risky, contributing to its recent price decline.