Why is NMS Global falling/rising?

As of 23-Jul, NMS Global Ltd's stock price is currently at Rs 71.90, reflecting a decrease of Rs 1.1 or 1.51%. Today's price summary indicates that the stock underperformed its sector by 1.53%, with an intraday high of Rs 75.99 and a low of Rs 69.16. The stock has shown a strong performance over the past month, gaining 42.66%, but it has also faced challenges, as evidenced by a significant drop in delivery volume by 72.25% against the five-day average. Despite trading above its moving averages, the company has high debt levels, a weak long-term growth outlook, and has reported losses, contributing to its negative return of 17.74% over the past year.
In the broader market context, while the Sensex has only increased by 0.11% over the past week, NMS Global's stock has outperformed with a gain of 9.04%. However, the stock's long-term performance remains concerning, as it has underperformed the market significantly over the past year. The company's high debt-to-equity ratio and poor sales growth further exacerbate investor concerns, leading to a cautious outlook despite its attractive valuation metrics. Overall, while there are some positive short-term trends, the underlying financial health of NMS Global Ltd raises red flags for investors.