Why is Nahar Poly falling/rising?

As of 19-Nov, Nahar Polyfilms Ltd is experiencing a decline in its stock price, currently at 265.95, which reflects a decrease of 3.8 or 1.41%. The stock has been underperforming, having lost 14.17% over the last four days and opened today with a loss of 3.23%. It has consistently traded below its moving averages across various timeframes, indicating a bearish trend. Despite a day’s high of 277.45, the stock's performance today has been characterized by lower trading volumes near its intraday low of 261.05. Additionally, while there has been a notable increase in delivery volume, this has not translated into positive price movement, suggesting that investor sentiment remains cautious.
In the broader market context, Nahar Polyfilms' recent performance contrasts sharply with the benchmark Sensex, which has gained 0.85% over the past week and 1.47% over the past month. The stock's year-to-date return of 0.36% is significantly lower than the Sensex's 9.02%, highlighting its underperformance in comparison to the market. This divergence indicates that while the overall market is experiencing upward momentum, Nahar Polyfilms is struggling to maintain investor confidence, contributing to its recent price decline.