Why is North Eastn.Car. falling/rising?

As of 11-Sep, North Eastern Carrying Corporation Ltd is experiencing a decline in its stock price, currently at 20.62, reflecting a decrease of 0.19 or 0.91%. The stock has underperformed its sector today by 1.53% and has been on a consecutive downward trend for the last two days, with a total decline of 2%. Over the past week, the stock has decreased by 0.96%, and it has significantly underperformed the benchmark Sensex, which has gained 1.03% in the same period. The stock's performance over the past year shows a substantial decline of 33.16%, while profits have fallen by 18.1%. Despite a relatively attractive valuation indicated by a ROCE of 6.3 and trading at a discount compared to peers, the stock's weak long-term fundamentals, including a high Debt to EBITDA ratio and poor sales growth, contribute to its negative performance.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has shown positive returns across various time frames, including a 4.36% increase year-to-date. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting some investor interest despite the overall negative sentiment. However, the persistent underperformance against both the benchmark and its historical returns indicates a lack of confidence among investors, exacerbated by disappointing financial results and weak growth prospects. This combination of factors is likely driving the stock's decline in the current market environment.