Why is Nilkamal Ltd falling/rising?

As of 24-Sep, Nilkamal Ltd's stock price is currently at Rs 1,563.20, reflecting a decrease of Rs 18.8 or 1.19%. The stock has underperformed its sector by 1.12% today and is close to its 52-week low, being only 4.25% away from Rs 1,496.8. Over the past week, the stock has seen a decline of 0.76%, while its performance over the past year shows a significant drop of 19.98%. Despite having a low Debt to EBITDA ratio of 1.03 times and an attractive valuation with a ROCE of 8.6, the stock's profits have fallen by 4.4% over the last year, contributing to its negative performance. Additionally, the company has shown poor long-term growth, with net sales and operating profit growing at rates of 11.86% and 8.94% respectively over the last five years. In the broader market context, the Sensex has experienced a decline of 1.18% over the past week, indicating a similar downward trend in the market. However, Nilkamal Ltd's performance has been notably worse, with consistent underperformance against the benchmark over the last three years. The stock's year-to-date return is down by 18.58%, contrasting sharply with the Sensex's gain of 4.58% during the same period. This persistent underperformance, coupled with a significant drop in investor participation, suggests that market sentiment towards Nilkamal Ltd remains negative, further contributing to the stock's decline.