Why is Natl.Fertilizer falling/rising?

As of 01-Jul, National Fertilizer Ltd's stock price is currently at 101.20, reflecting a slight increase of 0.2 (0.2%). The stock has outperformed its sector by 2.3% today, with a delivery volume that has risen by 1.44% compared to the 5-day average, indicating increased investor participation. However, despite this positive movement, the stock has shown a year-to-date decline of 12.65% and a significant drop of 24.62% over the past year. While the company has reported a profit increase of 22.6%, its weak long-term fundamentals, including a negative CAGR growth in operating profits and a high Debt to EBITDA ratio, raise concerns about its overall financial health. The stock is trading at a discount compared to its peers, which may attract some investors, but the low return on equity and minimal domestic mutual fund holdings suggest a lack of confidence in the stock's future performance.
In the broader market context, the Sensex has increased by 2.00% over the past week, while National Fertilizer Ltd has only gained 1.11% in the same period, indicating underperformance relative to the benchmark. The stock's performance over the last year has been particularly poor, generating negative returns while the broader market (BSE500) has seen a return of 3.20%. This underperformance, coupled with the company's weak financial indicators and low investor confidence, contributes to a cautious outlook for the stock, despite its recent minor price increase.