Why is North Eastn.Car. falling/rising?

As of 15-Sep, North Eastern Carrying Corporation Ltd is experiencing a decline in its stock price, currently at 20.60, which reflects a decrease of 0.21 or 1.01%. The stock has underperformed its sector by 3.39% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has decreased by 1.62%, and it has shown a significant decline of 41.99% year-to-date. Additionally, the company has faced challenges with a return on capital employed (ROCE) of 6.3, indicating weak long-term fundamental strength, and its profits have fallen by 18.1% over the past year, contributing to negative sentiment among investors.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 1.24% over the past week and 4.67% year-to-date. The logistics sector, in which North Eastern Carrying Corporation operates, has seen a gain of 2.17%, further highlighting the company's struggles relative to its peers. The significant drop in delivery volume, which has fallen by 55.06% against the 5-day average, suggests a decrease in investor participation, further exacerbating the stock's decline. Overall, the combination of poor financial performance, negative market sentiment, and underperformance compared to both the sector and broader market indices has led to the current downward trend in the stock price.