Why is NB Footwear falling/rising?

As of 03-Jul, NB Footwear Ltd. is experiencing a decline in its stock price, currently at 10.21, which reflects a decrease of 0.53 or 4.93%. The stock has underperformed its sector by 5.56% today and has been on a consecutive downward trend for the last four days, resulting in a total drop of 15.2% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a strong performance over the past year with a return of 52.39%, the company is facing significant challenges, including a negative book value, high debt levels, and poor long-term growth prospects, which contribute to its current price decline.
In the broader market context, the Sensex has only decreased by 0.62% over the past week, indicating that NB Footwear's short-term performance is significantly worse than the benchmark. While the stock has shown impressive returns over the long term, its recent performance contrasts sharply with the market's overall stability. The company's weak financial fundamentals, including negative EBITDA and low cash reserves, further exacerbate investor concerns, leading to a lack of confidence and contributing to the stock's downward trajectory.