Why is Naga Dhunseri falling/rising?

As of 18-Sep, Naga Dhunseri Group Ltd is experiencing a decline in its stock price, currently at 3,833.30, which reflects a decrease of 21.4 points or 0.56%. The stock has underperformed its sector by 0.89% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a modest gain of 1.09%, but it has significantly underperformed over the past month with a decline of 7.93%. Despite a remarkable growth in net sales of 1245.44% reported in June, which led to very positive quarterly results, the stock's overall performance this year remains weak with a year-to-date decline of 11.61%. The company's return on equity (ROE) is relatively low at 2.7, indicating weak long-term fundamental strength, which may contribute to investor concerns.
In the broader market context, the Sensex has outperformed Naga Dhunseri with a return of 1.67% over the past week, while the stock's performance has been lackluster in comparison. The stock's year-to-date performance is also notably worse than the benchmark, which has gained 7.52% during the same period. This disparity may reflect broader market confidence that is not mirrored in Naga Dhunseri's stock, despite its consistent returns over the last three years and attractive valuation metrics compared to peers. The combination of weak long-term fundamentals and recent underperformance against the benchmark suggests that investor sentiment may be cautious, contributing to the stock's current decline.