Why is NLC India falling/rising?

As of 19-Aug, NLC India Ltd. is experiencing a slight increase in its stock price, currently at 237.35, reflecting a change of 0.6 or 0.25% upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. It is performing in line with its sector today, and the delivery volume has increased by 6.54% compared to the five-day average, indicating rising investor participation. Despite a one-year return of -9.15%, the company's profits have risen by 42.4%, and it is trading at a discount compared to its peers. However, the high Debt to EBITDA ratio of 5.83 times raises concerns about its ability to service debt, which could impact investor sentiment.
In the broader market context, the Sensex has increased by 1.76% over the past week, while NLC India has decreased by 1.17%, indicating underperformance relative to the benchmark. Year-to-date, NLC India has a return of -5.63%, contrasting with the Sensex's positive return of 4.49%. This disparity highlights the challenges faced by NLC India in attracting investor confidence despite some positive financial metrics, such as high institutional holdings at 21.5% and an attractive valuation based on its ROCE of 7.2. The overall market environment appears to favor stocks with stronger growth prospects, which may contribute to the stock's current price movement.