Why is Nyssa Corp. falling/rising?

As of 04-Aug, Nyssa Corporation Ltd's stock price is currently at 3.87, reflecting a slight increase of 0.02 or 0.52%. Despite this minor uptick, the stock has been underperforming, as indicated by its performance today, which fell short of the sector by 0.48%. The company has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, the delivery volume has decreased significantly, falling by 27.16% compared to the 5-day average, indicating a decline in investor participation. The stock's long-term fundamentals are weak, with operating losses and a poor EBIT to interest ratio of 1.79, contributing to a negative sentiment around the stock. Furthermore, the company has reported a substantial drop in profitability, with a return on equity of only 6.95% and a staggering decline in profits of 85.1% over the past year.
In the broader market context, Nyssa Corporation's short-term return of +1.84% over the past week contrasts with the Sensex's modest gain of +0.16%, indicating some relative strength in the very short term. However, when looking at the longer-term performance, the stock has significantly underperformed the benchmark, with a year-to-date decline of -34.30% compared to the Sensex's increase of +3.69%. This underperformance is further highlighted by the stock's returns over the past year and three years, where it has generated -42.24% and -21.98%, respectively, while the Sensex has shown positive growth. Overall, the combination of weak fundamentals, declining investor interest, and poor long-term performance suggests that the stock is facing significant challenges in the current market environment.