Why is Nagreeka Exports falling/rising?

As of 10-Nov, Nagreeka Exports Ltd is experiencing a decline in its stock price, currently at 27.16, which reflects a decrease of 0.98 or 3.48%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 8.18% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 7.34%, and year-to-date, it has dropped 24.56%, indicating significant underperformance compared to the benchmark Sensex, which has gained 6.91% in the same timeframe. There is a notable increase in investor participation, with delivery volume rising by 89.54% against the 5-day average, suggesting some interest despite the overall decline.
Broader Market Context: In the context of the broader market, Nagreeka Exports' short-term performance is significantly worse than the Sensex, which has only declined by 0.53% over the past week. The sector itself has also seen a decline of 2.74%, indicating a challenging environment for stocks within this space. While the stock has shown strong returns over a longer period, such as a 37.35% increase over three years, its recent performance highlights a stark contrast to the positive trends seen in the benchmark and the sector. This combination of factors contributes to the stock's current downward trajectory.