Why is DCM Nouvelle falling/rising?

As of 30-Sep, DCM Nouvelle Ltd's stock price is currently at Rs 152.30, reflecting a decrease of Rs 3.35 or 2.15%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 7.78% during this period. Although the stock opened with a gain of 2.79% today and reached an intraday high of Rs 161.95, it ultimately closed at its day's low. The stock is trading below all major moving averages, indicating a bearish trend. Additionally, while there has been a rise in investor participation with a delivery volume increase of 11.04% against the 5-day average, the overall performance remains weak, as evidenced by the stock's year-to-date decline of 26.43%.
In the broader market context, DCM Nouvelle's short-term performance has been notably worse than the benchmark Sensex, which has only declined by 2.23% over the past week. The stock's one-month performance also contrasts sharply, with DCM Nouvelle down 6.51% compared to the Sensex's slight gain of 0.57%. This underperformance suggests that investor sentiment towards DCM Nouvelle is currently negative, particularly in light of its significant year-to-date decline, while the broader market has shown resilience.