Why is Tulsyan NEC falling/rising?

As of 04-Sep, Tulsyan NEC Ltd's stock price is currently at Rs 34.00, reflecting an increase of Rs 1.3 or 3.98%. The stock has shown a strong performance today, outperforming its sector by 4.76% and has been on a consecutive gain for the last three days, rising a total of 11.48% during this period. However, despite this recent uptick, the stock has a troubling long-term outlook, with a significant decline of 62.22% over the past year and negative results reported for the last four consecutive quarters. The company's weak fundamentals, including a high Debt to EBITDA ratio and a negative Return on Capital Employed, contribute to its risky profile, which may deter long-term investors.
Broader market context indicates that while Tulsyan NEC has performed well in the short term, with a 10.71% increase over the past week compared to a modest 0.80% rise in the Sensex, its long-term performance remains concerning. The stock's year-to-date decline of 51.70% starkly contrasts with the Sensex's gain of 3.30%, highlighting its underperformance in the broader market. The falling investor participation, as evidenced by a significant drop in delivery volume, further suggests a lack of confidence among investors, which could impact future price movements negatively.