Why is Nutech Global falling/rising?

As of 14-Jul, Nutech Global Ltd's stock price is currently at Rs 24.70, reflecting a decrease of Rs 1.3, or 5.0%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 9.69% during this period. It opened with a loss of 5% today and has not traded outside this price range. In terms of returns, the stock has experienced a significant drop of 13.94% over the past week, while it has performed better over the last month with a gain of 23.75%. However, the stock's year-to-date performance shows a decline of 16.78%, despite a strong annual return of 28.98%. The company's weak long-term fundamentals, including a -9.71% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio, contribute to the negative sentiment surrounding the stock.
Broader market context indicates that Nutech Global's recent performance has been notably worse than the benchmark, as it underperformed the Sensex by 4.48% today. While the stock has generated a return of 28.98% over the past year, this is contrasted by a decline in profits of 20%, raising concerns among investors. The stock's liquidity appears sufficient for trading, but a significant drop in delivery volume by 91.97% against the five-day average suggests waning investor interest. Overall, the combination of declining profits, high debt levels, and recent price movements has led to a bearish outlook for Nutech Global Ltd.