Why is Nakoda Group falling/rising?

As of 06-Oct, Nakoda Group of Industries Ltd is experiencing a decline in its stock price, currently at 32.45, reflecting a decrease of 0.62, or 1.87%. The stock has underperformed its sector by 2.04% today and has been on a downward trend for the last two days, with a total drop of 6.21% during this period. Despite showing positive returns over the past week and month, with increases of 10.86% and 4.81% respectively, the year-to-date performance remains significantly negative at -28.22%. Additionally, the stock's delivery volume has decreased by 54.81% compared to the 5-day average, indicating falling investor participation, which may contribute to the recent price decline.
In the broader market context, while the Sensex has shown a modest increase of 1.77% over the past week, Nakoda Group's recent performance contrasts sharply with this benchmark. The stock's longer-term performance also reveals a stark underperformance, with a 3-year decline of 70.03% compared to the Sensex's gain of 40.48%. This disparity highlights the challenges faced by Nakoda Group in attracting investor interest and maintaining liquidity, despite being liquid enough for trades of Rs 0.02 crore. Overall, the combination of declining investor participation and negative short-term performance relative to the sector and benchmark contributes to the stock's current downward trajectory.