Why is Tulsyan NEC falling/rising?

As of 15-Sep, Tulsyan NEC Ltd is experiencing a decline in its stock price, currently at Rs 32.00, which represents a decrease of Rs 1.75 or 5.19%. The stock has shown significant volatility today, with an intraday high of Rs 36.99 and a low of Rs 32. The performance over the past week indicates a drop of 5.55%, and the stock has underperformed against the sector by 6.06%. Additionally, the company has reported negative results for the last four consecutive quarters, with a troubling average Return on Capital Employed (ROCE) of 0% and a high Debt to EBITDA ratio of 74.36 times. These factors contribute to a perception of weak long-term fundamental strength, further exacerbated by the fact that 99.63% of promoter shares are pledged, which adds downward pressure in a falling market. In the broader market context, the Sensex has shown a positive return of 1.24% over the past week, contrasting sharply with Tulsyan NEC's decline. This underperformance is indicative of the stock's struggles relative to the benchmark, particularly as it has generated a staggering return of -66.63% over the past year, while the Sensex has only declined by 1.33% in the same period. The company's weak financials, including a significant drop in net sales and negative operating profits, combined with falling investor participation and liquidity concerns, suggest that the stock is facing considerable challenges that are not reflective of the broader market trends.