Why is NMDC Steel falling/rising?

As of 15-Jul, NMDC Steel Ltd is experiencing a decline in its stock price, currently at 39.10, reflecting a decrease of 0.08 or 0.2%. The stock has underperformed its sector today by 0.27% and has been on a consecutive downward trend for the last three days, resulting in a total drop of 2.2%. Over the past week, the stock has decreased by 2.05%, while its year-to-date performance shows a significant decline of 9.43%. Despite some positive indicators such as high institutional holdings at 20.63% and the highest quarterly net sales reported, the company faces challenges with operating losses and a weak long-term fundamental strength, as evidenced by a negative EBITDA and a high Debt to EBITDA ratio.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark, with the Sensex gaining 1.79% over the past month while NMDC Steel has only seen a minor decline of 0.28%. The stock has consistently underperformed against the benchmark over the last three years, with a staggering 34.23% drop in the past year alone. This consistent underperformance, coupled with the company's inability to generate profits and service its debt effectively, contributes to a negative outlook for NMDC Steel, reinforcing its status as a strong sell in the current market environment.