Why is NRB Indl Bearing falling/rising?

As of 25-Jul, NRB Industrial Bearings Ltd is experiencing a decline in its stock price, currently at Rs 24.93, which represents a decrease of Rs 1.31 or 4.99%. The stock has underperformed its sector by 2.11% today, reaching an intraday low of Rs 24.93. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has fallen by 6.03%, and over the last year, it has seen a significant decline of 31.08%. Despite some positive financial indicators such as a high debtors turnover ratio and cash equivalents, the company is burdened by a negative book value and weak long-term growth prospects, which contribute to its current price movement.
In the broader market context, NRB Industrial Bearings has underperformed compared to the benchmark, with the Sensex only declining by 0.36% over the past week. The stock's performance is particularly concerning given that it has generated a return of -31.08% over the last year, while the broader market (BSE500) has seen a much smaller decline of -0.19%. This stark contrast highlights the company's struggles relative to market conditions, compounded by high debt levels and negative EBITDA, making it a risky investment.