Why is Nutech Global falling/rising?

As of 11-Jul, Nutech Global Ltd's stock price is currently at Rs 26.00, reflecting a decrease of -1.35, or -4.94%. The stock opened lower today, down 4.94%, and has not traded outside this price range. It has underperformed its sector by 3.42% today, and the delivery volume has decreased significantly by 21.66% compared to the five-day average, indicating falling investor participation. Over the past week, the stock has seen a substantial decline of 13.91%, contrasting with a modest gain of 18.88% over the past month. Despite a strong one-year return of 35.42%, the company's profits have fallen by 20%, raising concerns about its long-term fundamental strength, particularly given the weak growth in operating profits and high debt levels.
In the broader market context, while Nutech Global has outperformed the BSE500 index over the past year, the recent short-term performance has been notably poor compared to the benchmark, which has only declined by 1.12% in the same timeframe. This stark contrast highlights the stock's volatility and investor concerns regarding its ability to maintain profitability, especially with a Return on Capital Employed (ROCE) of just 5.1% and a high Debt to EBITDA ratio. The combination of these factors suggests that while the stock has had periods of strong performance, current market sentiment is leaning towards caution, contributing to its recent price decline.