Why is NELCO falling/rising?

As of 23-Sep, NELCO Ltd's stock price is currently at 890.00, reflecting an increase of 12.45 (1.42%). The stock has shown a positive performance today, outperforming its sector by 1.91% and reaching an intraday high of Rs 896.8, which is a 2.19% increase. Over the past week, the stock has risen by 5.31%, while it has gained 5.64% over the last month. However, despite this recent uptick, the stock has experienced a significant decline of 29.64% year-to-date and 18.12% over the past year. The company's ability to service debt is strong, indicated by a low Debt to EBITDA ratio of 1.01 times, but it has faced challenges with poor long-term growth, as operating profit has decreased at an annual rate of -11.27% over the last five years. Additionally, the company has reported negative results for the last two consecutive quarters, with a substantial fall in profit before tax (PBT) and profit after tax (PAT).
In the broader market context, NELCO's recent short-term performance contrasts with the Sensex, which has declined by 0.34% over the past week and increased by 0.98% over the last month. Despite today's positive movement, the stock has consistently underperformed against the benchmark over the last three years, generating -18.12% returns in the last year alone. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's valuation and future prospects. Overall, while there are some positive short-term indicators, the long-term outlook remains concerning due to declining profits and underperformance relative to market benchmarks.