Why is NRB Indl Bearing falling/rising?

As of 25-Sep, NRB Industrial Bearings Ltd is currently priced at 28.36, reflecting a slight increase of 0.03 or 0.11%. The stock has shown a trend reversal by gaining after three consecutive days of decline, although it underperformed its sector by 0.26% today. Over the past week, the stock has decreased by 10.85%, while it has performed positively over the last month with an increase of 11.79%. Despite this recent uptick, the stock has a negative book value and exhibits weak long-term fundamental strength, with poor growth metrics such as a stagnant operating profit over the last five years and a high debt-to-equity ratio. Positive factors include a strong debtors turnover ratio and increased profits, but the overall risk remains high due to negative EBITDA and a significant decline in stock performance over the past year.
In the broader market context, the stock has underperformed compared to the benchmark, with a one-year return of -18.25% against the BSE500's -5.88%. While the stock has shown some resilience in the short term, its long-term outlook remains concerning due to weak sales growth and high debt levels. The recent increase in price may be attributed to temporary market fluctuations rather than a fundamental improvement in the company's financial health, as indicated by falling investor participation and liquidity concerns.