Why is North Eastn.Car. falling/rising?

As of 24-Sep, North Eastern Carrying Corporation Ltd's stock price is rising, currently at Rs 21.99, reflecting an increase of Rs 1.19 or 5.72%. The stock has outperformed its sector by 6.35% today, reaching an intraday high of Rs 23.2, which is an increase of 11.54%. However, despite this positive movement, the stock has shown a significant decline over the past year, with a return of -28.97%. The company's return on capital employed (ROCE) stands at 6.3, indicating a very attractive valuation, yet it has faced challenges with a -18.1% drop in profits over the past year. Additionally, the stock is trading at a discount compared to its peers, but it has 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 stock's short-term performance contrasts with the benchmark, as it has gained 6.08% over the past week while the Sensex has declined by 1.18%. This indicates that North Eastern Carrying Corporation Ltd is currently experiencing a positive momentum relative to the market. However, its long-term performance remains weak, with a -38.07% return year-to-date compared to a 4.58% gain in the Sensex. The stock's liquidity is adequate for trading, but a significant drop in delivery volume by 72.1% against the 5-day average suggests a decline in investor participation, which could impact future price movements.