Why is Naapbooks falling/rising?

As of 26-Sep, Naapbooks Ltd's stock price is currently at Rs. 161.00, reflecting a decrease of 1.0 (-0.62%). The stock recently reached a new 52-week high of Rs. 167.85 today, indicating strong performance, although it has also experienced significant volatility with an intraday range of Rs. 34.65. Over the past week, Naapbooks has outperformed the sector by 1.75% and has shown impressive returns of +29.79% over the past month and +160.86% over the past year. However, there has been a notable decline in investor participation, with delivery volume dropping by 94.05% against the 5-day average, which may contribute to the current price decline.
Broader Market Context: In comparison to the benchmark Sensex, which has decreased by 2.66% over the past week, Naapbooks' short-term return of +5.57% highlights its relative strength in a declining market. Despite this, the IT - Software sector has fallen by 2.34%, indicating broader challenges within the industry. The high volatility of Naapbooks' stock, coupled with erratic trading patterns, suggests that while the stock has shown strong performance historically, current market conditions and reduced trading activity may be influencing its recent price movement.