Why is North Eastn.Car. falling/rising?

As of 19-Sep, North Eastern Carrying Corporation Ltd is experiencing a decline in its stock price, currently at 21.28, which reflects a decrease of 0.14 or 0.65%. The stock's performance today is in line with its sector, although it is trading below its 50-day, 100-day, and 200-day moving averages, indicating weaker long-term momentum. Despite a recent increase in investor participation, with delivery volume rising by 76.68% against the 5-day average, the stock has underperformed significantly over the past year, generating a return of -32.76% while profits have decreased by 18.1%. The company’s valuation appears attractive with a ROCE of 6.3, but it is overshadowed by weak long-term fundamentals, including a high Debt to EBITDA ratio and poor growth metrics.
In the broader market context, the stock has shown a short-term gain of 2.26% over the past week, outperforming the Sensex, which has increased by only 0.88%. However, the stock's long-term performance is concerning, with a year-to-date decline of 40.07% compared to the Sensex's gain of 5.74%. This stark contrast highlights the challenges faced by North Eastern Carrying Corporation Ltd, as it has consistently underperformed against broader market indices over various time frames, including the last three years, where it has fallen behind the BSE500.