Why is NMS Global falling/rising?

As of 22-Sep, NMS Global Ltd's stock price is currently flat at 70.00, with no change (0.00%). The stock has shown a mixed performance recently, with a 1-week decline of 1.96%, but a notable 1-month increase of 11.08%. Today, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 296.08% compared to the 5-day average. However, despite a 27.27% year-to-date return, the stock has faced challenges, including a high debt-equity ratio of 17.22 times and a poor long-term growth outlook, with net sales declining at an annual rate of -1.74% over the last five years.
Broader Market Context: In the context of the broader market, NMS Global has underperformed relative to the Sensex, which has gained 0.46% over the past week. While the stock's recent performance shows a positive trend over the past month, its year-over-year return of -16.67% starkly contrasts with the Sensex's decline of only -2.82%. This underperformance, coupled with decreasing promoter confidence—evidenced by an 11.2% reduction in their stake—suggests a cautious outlook among investors. Overall, while there are some positive indicators, the company's high debt levels and declining sales growth are significant factors contributing to its recent price stability amidst broader market fluctuations.