Why is Nutech Global falling/rising?

As of 13-Jun, Nutech Global Ltd's stock price is currently at Rs 19.96, reflecting a decrease of 1.05 or 5.0%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 8.73% during this period. It opened with a loss of 5% today and has not traded above this price point. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite generating a return of 8.77% over the past year, the company's profits have decreased by 20%, and it has a weak long-term fundamental strength with a -9.71% CAGR growth in operating profits over the last five years. The high Debt to EBITDA ratio of 8.26 times further complicates its financial stability, contributing to the stock's downward movement.
In the broader market context, Nutech Global's recent performance has been less favorable compared to the benchmark, as it has underperformed the Sensex by 1.43% over the past week and 7.08% over the past month, while the Sensex has remained relatively stable. The stock's liquidity is also a concern, with a significant drop in delivery volume, indicating reduced investor interest. Overall, the combination of weak financial metrics, declining profitability, and poor market performance relative to the benchmark suggests that the stock is facing significant challenges, leading to its current decline.