Why is NCL Res. & Finl. falling/rising?

As of 12-Aug, NCL Research and Financial Services Ltd is experiencing a decline in its stock price, currently at Rs. 0.58, which represents a decrease of 0.03 or 4.92%. The stock has recently hit a new 52-week low of Rs. 0.57 and has underperformed its sector by 4.01%. Over the past week, the stock has fallen by 7.94%, and its performance over the last month shows a significant decline of 14.71%. Additionally, the stock has been losing for the last two days, with a total drop of 6.45%. The company is trading below all key moving averages, indicating a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 29.86% compared to the five-day average. The company's weak long-term fundamentals, highlighted by an average Return on Equity (ROE) of only 0.73% and a negative EBITDA, contribute to the stock's downward trajectory.
In the broader market context, the Sensex has only decreased by 0.59% over the past week, indicating that NCL Research and Financial Services Ltd's decline is more pronounced than the overall market. The stock's year-to-date performance shows a staggering drop of 27.50%, contrasting sharply with the Sensex's gain of 2.68% during the same period. This significant underperformance suggests that investor sentiment towards NCL is particularly negative, likely influenced by the company's poor financial results, including a 32.58% decline in net sales and a substantial drop in profits over the last year. The combination of weak fundamentals and a lack of investor interest has positioned the stock as a strong sell in the current market environment.