Why is NCL Industries falling/rising?

As of 24-Jun, NCL Industries Ltd is currently priced at 225.10, reflecting a decrease of 0.15, or 0.07%. The stock has underperformed its sector today by 1.63% and has experienced a trend reversal, falling after three consecutive days of gains. Despite this decline, NCL Industries is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in the longer term. The stock has shown a 6.28% increase over the past week, although it has a negative return of 6.03% over the past year, coinciding with a significant profit drop of 69%. The company's low Debt to EBITDA ratio of 1.38 times suggests a strong ability to service its debt, and it is trading at a discount compared to its peers, which may provide some support for its valuation.
In the broader market context, NCL Industries' short-term performance has outpaced the benchmark Sensex, which has only increased by 0.58% over the past week. However, the stock's year-to-date return of 3.00% is lower than the Sensex's 5.01%, indicating that while it has shown some resilience recently, it still lags behind the overall market performance. The rising investor participation, evidenced by a significant increase in delivery volume, suggests that there is interest in the stock despite its recent decline, which may help stabilize its price in the near future.