Why is New Light Appare falling/rising?

As of 03-Jul, New Light Apparels Ltd is experiencing a decline in its stock price, currently at 1.85, which reflects a decrease of 0.03 or 1.6%. Today's performance indicates that the stock has underperformed its sector by 1.9%, and it has fallen after three consecutive days of gains. The stock is currently trading higher than its 5-day moving averages but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 63.98% against the 5-day average. Despite positive results over the last six quarters, including a high return on capital employed (ROCE) and attractive valuation metrics, the stock has generated a negative return of 5.13% over the past year, indicating underlying weaknesses in long-term growth and debt servicing capabilities.
In the broader market context, the stock's short-term return of 2.21% over the past week contrasts with the Sensex, which has declined by 0.62%. However, the stock's performance over the past month shows a gain of 10.12%, while the Sensex increased by 3.10%. Despite these short-term gains, the stock has underperformed the BSE500 over the last three years, one year, and three months, highlighting its weak long-term fundamental strength. The combination of recent price declines, falling investor interest, and poor long-term growth prospects suggests that the stock's current movement is influenced by both immediate market reactions and broader concerns about its financial health.