Why is NGL Fine Chem falling/rising?

As of 11-Aug, NGL Fine Chem Ltd's stock price is currently at 1,215.15, reflecting an increase of 16.05, or 1.34%. Today, the stock opened with a gain of 2.07% and reached an intraday high of Rs 1232.65, outperforming its sector by 0.43%. However, the stock has shown a significant decline over the past week and month, with returns of -5.43% and -8.36%, respectively. The company has faced challenges, including negative results for the last three consecutive quarters, with a substantial drop in profit after tax and a low return on capital employed. Additionally, the stock's performance over the past year has been poor, with a return of -51.45%, indicating a lack of investor confidence.
In the broader market context, while the Sensex has only declined by 0.51% over the past week, NGL Fine Chem's performance has been significantly worse, suggesting that the stock is underperforming relative to the market. The company's low debt-to-equity ratio may provide some comfort, but the overall sentiment is dampened by its poor long-term growth prospects and the absence of domestic mutual fund investment, which could indicate a lack of confidence in the company's future. Despite today's positive movement, the stock's historical performance and recent financial results suggest a challenging outlook.