Why is Nyssa Corp. falling/rising?

As of 12-Aug, Nyssa Corporation Ltd is experiencing a decline in its stock price, currently at Rs. 3.65, which represents a decrease of 0.08 or 2.14%. The stock has hit a new 52-week low of Rs. 3.5 today and has underperformed its sector by 1.22%. Over the past week, the stock has fallen by 4.20%, and in the last month, it has decreased by 10.54%. The company's performance has been notably poor, with a staggering 45.68% drop in returns over the past year. Additionally, the company is facing significant operational challenges, including operating losses and a weak ability to service its debt, as indicated by a low EBIT to Interest ratio of 1.79. This combination of factors contributes to the stock's recent downward movement.
In the broader market context, while the Sensex has shown a slight increase of 2.68% year-to-date, Nyssa Corporation's performance has been starkly negative, with a year-to-date decline of 38.03%. The stock has underperformed the BSE500 over various time frames, including the last three years and one year, indicating a consistent trend of poor performance relative to the market. Despite a slight increase in investor participation, the overall sentiment remains bearish due to the company's weak fundamentals and negative EBITDA, which further exacerbates the stock's decline in a market that is otherwise showing resilience.