Why is NRB Indl Bearing falling/rising?

As of 31-Oct, NRB Industrial Bearings Ltd is experiencing a decline in its stock price, currently at Rs 29.37, reflecting a decrease of Rs 1.03 or 3.39%. The stock has underperformed its sector by 5.48% today, reaching an intraday low of Rs 29.37. Over the past week, the stock has decreased by 8.02%, although it has shown a positive return of 5.88% over the last month. Despite some positive financial indicators, such as a high debtors turnover ratio and increased profits, the company faces significant challenges, including a negative book value and weak long-term growth prospects, which contribute to its current downward price movement.
In the broader market context, the Sensex has only declined by 0.32% over the past week, indicating that NRB Industrial Bearings Ltd's performance is notably weaker than the overall market. The stock's liquidity is adequate, but a significant drop in delivery volume suggests falling investor interest, which may further pressure the stock price. While the bearings sector has gained by 2.09%, NRB's struggles with high debt and negative EBITDA position it unfavorably compared to its peers, leading to its current decline in stock value.