Why is NELCO falling/rising?

As of 11-Jul, NELCO Ltd's stock is currently priced at 949.30, reflecting a decrease of 13.1 points or 1.36%. The stock has underperformed its sector by 0.28% today and has been on a consecutive decline for the last two days, resulting in a total drop of 2.13%. Over the past week, the stock has seen a decline of 5.25%, and its year-to-date performance shows a significant drop of 24.96%, contrasting with a positive return of 8.49% over the past year. The company has reported a very negative financial outlook, with a substantial fall in net sales of 16.35% and a concerning decrease in operating profit at an annual rate of -7.81% over the last five years. Additionally, the stock's valuation appears expensive with a high enterprise value to capital employed ratio, which may deter potential investors.
In the broader market context, NELCO's recent performance has been notably weaker than the benchmark Sensex, which has only declined by 1.12% over the past week. The stock's liquidity is adequate, but there has been a notable decrease in investor participation, with delivery volume falling by 23.74% against the five-day average. Furthermore, institutional investors have reduced their stake in the company by 0.59%, indicating a lack of confidence in its future growth potential. This combination of poor financial results, declining investor interest, and underperformance relative to the benchmark contributes to the stock's downward trajectory.