Why is North Eastn.Car. falling/rising?

As of 16-Jul, North Eastern Carrying Corporation Ltd's stock price is currently at 23.00, reflecting a decrease of 0.16, or 0.69%. The stock has underperformed its sector today by 0.88%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 3.16%, and it has experienced a significant drop of 35.23% year-to-date. Despite a 27.7% increase in profits over the past year, the stock has generated a return of -27.90%, indicating a disconnect between profitability and stock performance. The company's weak long-term fundamentals, including a negative CAGR growth in net sales and a high Debt to EBITDA ratio, contribute to its declining stock price.
In the broader market context, the Sensex has shown a slight decline of 1.08% over the past week, which is less severe than the stock's performance. This suggests that the stock's decline is more pronounced compared to the overall market. The stock's liquidity is adequate for trading, but the falling investor participation, with a notable drop in delivery volume, indicates waning interest among investors. Overall, the combination of poor long-term performance, high debt levels, and underperformance relative to benchmarks has led to the stock's current downward trajectory.