Why is NCL Industries falling/rising?

As of 17-Jul, NCL Industries Ltd is experiencing a price increase, currently at Rs 233.10, reflecting a rise of 4.55 (1.99%). The stock has shown strong performance recently, gaining 9.03% over the last four days and outperforming its sector by 1.89% today. It has also touched an intraday high of Rs 239.2. In terms of returns, NCL Industries has performed well over the past week and month, with increases of 8.62% and 10.06%, respectively, while the stock is trading above all key moving averages. Despite a negative return of -0.17% over the past year, the company maintains a strong ability to service its debt, indicated by a low Debt to EBITDA ratio of 1.38 times, and is trading at a discount compared to its peers.
In the broader market context, NCL Industries has significantly outperformed the Sensex over the past week and month, while the benchmark has seen declines of -1.12% and gains of only 0.83%, respectively. This indicates that investor sentiment towards NCL Industries is relatively positive compared to the overall market. However, it is important to note that while the stock has shown recent gains, its profits have fallen by -69% over the past year, which could raise concerns about its long-term sustainability despite its attractive valuation metrics.