Why is NRB Indl Bearing falling/rising?

As of 22-Aug, NRB Industrial Bearings Ltd is experiencing a slight decline in its stock price, currently at 26.00, reflecting a decrease of -0.01 or -0.04%. The stock has been underperforming recently, with a consecutive fall over the last two days resulting in a total decline of -2.8%. In terms of returns, the stock has decreased by -3.70% over the past week and -4.20% over the past month, while it has shown a significant drop of -33.93% over the past year. Despite some positive indicators such as a significant reduction in raw material costs and the highest cash and equivalents recorded, the company faces challenges due to a negative book value and high debt levels, which contribute to its weak long-term fundamental strength.
Broader market context indicates that while the Sensex has gained +0.88% over the past week, NRB Industrial Bearings Ltd has lagged behind, showcasing its struggles in comparison to the broader market. The stock's performance today has outperformed its sector by 0.79%, but the overall trend remains concerning, especially given the negative EBITDA and the high debt-to-equity ratio. The stock's liquidity is adequate for trading, but the falling investor participation, as evidenced by a -32.14% drop in delivery volume, suggests waning interest among investors, further exacerbating the stock's decline.