Why is North Eastn.Car. falling/rising?

As of 12-Sep, North Eastern Carrying Corporation Ltd is experiencing a price increase, currently at 20.81, with a change of 0.19, representing a 0.92% rise. The stock has shown a trend reversal by gaining after two consecutive days of decline, and it has outperformed its sector by 1.12%. However, despite this short-term gain, the stock has underperformed over the past week, month, and year, with returns of -0.14%, -5.32%, and -33.07%, respectively. The stock is trading below all key moving averages, indicating a generally bearish trend. While the company has a very attractive valuation with a ROCE of 6.3 and is trading at a discount compared to its peers, it has also faced significant challenges, including a decline in profits by -18.1% over the past year and a high Debt to EBITDA ratio of 5.77 times, which raises concerns about its long-term financial health.
In the broader market context, the Sensex has shown a positive return of +1.48% over the past week and +2.08% over the past month, contrasting sharply with North Eastern Carrying Corporation's negative performance during the same periods. This divergence highlights the stock's struggles relative to the overall market. The company's weak long-term fundamentals, including a low growth rate in net sales and operating profit, further contribute to its underperformance compared to the benchmark indices. Overall, while there is a slight uptick in the stock price today, the broader context suggests ongoing challenges that may hinder sustained growth.