Why is NB Footwear falling/rising?

As of 21-Jul, NB Footwear Ltd. is experiencing a decline in its stock price, currently at 14.00, which reflects a decrease of 0.7 or 4.76%. The stock has underperformed its sector by 7.21% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 9.39% during this period. Despite a strong performance over the past year with an 87.92% return, the company is facing significant challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. Additionally, the recent decrease in promoter stake by 0.85% may indicate reduced confidence in the company's future prospects. In the broader market context, while the stock has shown impressive returns over the past year, it has underperformed in the short term, with a 4.63% gain over the past week compared to a slight decline of 0.06% in the Sensex. However, the year-to-date performance shows a decline of 13.79% for NB Footwear, contrasting with a 5.20% increase in the benchmark. The overall market sentiment appears to be cautious, particularly as the leather sector has gained 2.45%, yet NB Footwear's declining investor participation and liquidity issues suggest that investors are wary of the stock's future performance.