Why is Nupur Recyclers falling/rising?

As of 19-Aug, Nupur Recyclers Ltd is experiencing a decline in its stock price, currently at 70.02, which reflects a decrease of 0.47 or 0.67%. The stock has underperformed significantly, trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, it has seen a return of -1.46%, and for the past month, it has dropped by 9.69%. Additionally, the company has reported a substantial profit decline of 57.2% over the past year, contributing to a negative annual return of -17.72%. Despite having a low debt-to-equity ratio and trading at a discount compared to peers, the overall financial performance, including a consistent decline in net sales and operating profit, suggests underlying weaknesses that are impacting investor sentiment.
In the broader market context, Nupur Recyclers has consistently underperformed against the benchmark, with the Sensex gaining 2.01% over the past week while Nupur has dropped. The stock's year-to-date performance shows a stark contrast, with Nupur down 28.60% compared to the Sensex's increase of 5.65%. This persistent underperformance over the last three years, coupled with poor long-term growth indicators, has likely led to a lack of investor confidence, further exacerbating the stock's decline.