Why is Natl. Oxygen falling/rising?

As of 08-Sep, National Oxygen Ltd's stock price is currently at Rs 124.90, reflecting an increase of Rs 6.45, or 5.45%. Today's performance indicates that the stock outperformed its sector by 4.76%, reaching an intraday high of Rs 124.95, while it also experienced a low of Rs 115.95. Despite this positive movement today, the stock has shown a negative trend over the past week and month, with declines of 2.38% and 8.80%, respectively. The company has faced significant challenges, including a negative book value and weak long-term growth, as evidenced by a decline in net sales and negative results for the last three consecutive quarters. This underperformance is compounded by a poor EBIT to interest ratio, indicating difficulties in servicing debt, which may contribute to investor caution.
In the broader market context, while National Oxygen Ltd has seen a short-term rise today, its overall performance has lagged behind the benchmark, with a year-to-date decline of 6.69% compared to a 3.39% increase in the benchmark. The stock has consistently underperformed against the BSE500 over the last three years, raising concerns among investors. The falling investor participation, as indicated by a significant drop in delivery volume, further suggests a lack of confidence in the stock's future performance. Overall, while today's price movement shows a temporary rise, the underlying fundamentals and broader market trends indicate ongoing challenges for National Oxygen Ltd.