Why is 7NR Retail Ltd falling/rising?

As of 11-Sep, 7NR Retail Ltd's stock price is currently at 4.80, reflecting a decline of 0.25, or 4.95%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 17.81% during this period. Additionally, it is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has experienced a significant decline of 11.60%, and its year-to-date performance shows a decrease of 4.00%. While there has been a rise in investor participation, with delivery volume increasing by 65.5% against the 5-day average, the overall sentiment remains negative, contributing to the stock's downward movement.
In the broader market context, the Sensex has shown resilience, gaining 1.03% over the past week and 4.36% year-to-date, contrasting sharply with 7NR Retail Ltd's performance. This divergence highlights the stock's struggles relative to the benchmark, as it has significantly underperformed the market. The stock's recent price action and the broader market trends suggest that investors may be cautious about 7NR Retail Ltd, leading to its current decline amidst a generally positive market environment.