Why is Nagreeka Exports falling/rising?

As of 10-Oct, Nagreeka Exports Ltd is experiencing a decline in its stock price, currently at Rs 31.69, which reflects a decrease of Rs 2.23 or 6.57%. Today's trading has shown significant volatility, with the stock opening with a gain of 6.04% but subsequently touching an intraday low of Rs 31.38, representing a drop of 7.49%. The stock has underperformed its sector by 7.05% today, and despite a strong performance over the past month with a return of 19.81%, it has seen a year-to-date decline of 11.97% and a one-year decline of 21.42%. The delivery volume has notably increased by 251.54% against the five-day average, indicating rising investor participation, although the stock remains lower than its 5-day and 20-day moving averages.
In the broader market context, the Sensex has shown a positive return of 1.59% over the past week, contrasting with Nagreeka Exports' decline of 6.55% during the same period. This suggests that while the overall market is performing well, Nagreeka Exports is struggling to keep pace. The stock's high volatility today, with an intraday volatility of 7.69%, further indicates uncertainty among investors, contributing to its downward price movement. Overall, the combination of underperformance relative to the sector and the benchmark, along with significant intraday fluctuations, has led to the current decline in Nagreeka Exports' stock price.