Why is Nelcast falling/rising?

As of 06-Nov, Nelcast Ltd. is experiencing a decline in its stock price, currently at Rs 108.30, which represents a decrease of Rs 5.2 or 4.58%. The stock has been underperforming significantly, with a consecutive fall over the last four days, resulting in a total return of -14.08% in the past week. Today's performance indicates that it has underperformed its sector by 4.04%, and it reached an intraday low of Rs 107.55. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, and there has been a notable drop in investor participation, with delivery volume falling by 72.63% compared to the 5-day average. While the company has shown healthy long-term growth in operating profit, the recent financial results have been disappointing, with a significant drop in PAT and net sales.
In the broader market context, Nelcast's short-term performance has been particularly poor compared to the benchmark, with a -14.08% return over the past week against a mere -1.30% decline in the Sensex. This stark contrast highlights the stock's struggles relative to the market. Furthermore, despite some positive factors such as an increase in institutional investor participation and attractive valuations, the company's high Debt to EBITDA ratio and low return on equity signal underlying financial challenges. The combination of these factors has contributed to the stock's recent downward trend, reflecting a lack of confidence among investors.