Why is Naapbooks falling/rising?

As of 17-Oct, Naapbooks Ltd's stock price is currently at 144.00, reflecting a decline of 23.9 points or 14.23%. Today's price summary indicates that the stock opened with a gain of 4.82%, reaching an intraday high of Rs 176, but subsequently fell to a low of Rs 142.2, resulting in high volatility with an intraday fluctuation of 10.62%. The stock has underperformed its sector by 12.84% today, and there has been a significant drop in investor participation, with delivery volume decreasing by 46.12% compared to the 5-day average. Over the past week, the stock has shown a positive return of 6.27%, but it has underperformed over the longer term, with a 1-month decline of 6.49% and a year-to-date decrease of 4.00%.
In the broader market context, the Sensex has shown a positive return of 1.76% over the past week and 7.44% year-to-date, indicating that the overall market is performing well compared to Naapbooks Ltd. While the stock has experienced substantial growth over the past three years at 516.33%, its recent performance contrasts sharply with the benchmark, suggesting that investor sentiment may be shifting negatively despite the company's historical gains. The combination of high volatility, declining investor participation, and underperformance relative to the sector and benchmark may be contributing to the stock's current downward trend.