Why is Nupur Recyclers falling/rising?

As of 30-Jun, Nupur Recyclers Ltd is experiencing a decline in its stock price, currently at 80.09, reflecting a decrease of 0.88 or 1.09%. The stock has underperformed its sector by 1.21% today, despite being higher than its 5-day, 50-day, and 100-day moving averages. Over the past week, the stock has shown a positive return of 6.56%, but it has declined by 2.69% over the past month. The company's financial health is concerning, with net sales decreasing at an annual rate of 5.55% and operating profit falling by 44.42% over the last five years. Additionally, the recent quarterly results indicate a significant drop in profit after tax and net sales compared to previous averages, which has contributed to the stock's negative sentiment.
In the broader market context, while Nupur Recyclers has underperformed against the benchmark, the Sensex has gained 2.18% over the past week and 3.10% over the past month. The stock's long-term performance is also troubling, with a year-to-date decline of 18.33% compared to a 7.92% increase in the benchmark. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects, further exacerbating its underperformance against the BSE 500 over the last three years. Overall, the combination of poor financial results, lack of institutional support, and consistent underperformance relative to the market has led to the stock's current downward trend.