Why is Nakoda Group falling/rising?

As of 15-Oct, Nakoda Group of Industries Ltd is experiencing a decline in its stock price, currently at 28.32, which represents a decrease of 0.25 or 0.88%. The stock has been underperforming significantly, having fallen consecutively for the last four days, resulting in a total decline of 13.61% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a notable increase in delivery volume, which rose by 991.9% against the 5-day average, the overall performance remains weak, with year-to-date returns down by 37.36% compared to a 5.72% increase in the benchmark Sensex.
In the broader market context, Nakoda Group's short-term performance has been notably poor when compared to the Sensex, which has gained 1.02% over the past week while Nakoda has dropped by 11.61%. This stark contrast highlights the stock's struggle to attract investor confidence amid a generally positive market environment. The lack of available positive or negative factors further complicates the outlook, as there are no specific catalysts identified that could potentially reverse the current downward trend. Overall, the stock's continued decline appears to be driven by its poor performance relative to the market and its own historical returns.