Why is Nakoda Group falling/rising?

As of 30-Oct, Nakoda Group of Industries Ltd is experiencing a decline in its stock price, currently at 28.75, which represents a decrease of 0.58 or 1.98%. The stock has been underperforming, having lost 5.43% over the last seven days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has decreased significantly, with a delivery volume of 5.68k on 29 October, down 40.15% from the 5-day average. The stock's performance over various periods shows a substantial decline, with a year-to-date drop of 36.41% and a 3-year decline of 72.80%, indicating ongoing challenges for the company.
In the broader market context, Nakoda Group's recent performance contrasts sharply with the Sensex, which has gained 8.02% year-to-date. Over the past week, while Nakoda Group has fallen by 4.04%, the Sensex has only decreased by 0.18%, highlighting the stock's significant underperformance relative to the benchmark. This divergence suggests that market conditions are not favoring Nakoda Group, contributing to its declining stock price amidst a generally more stable market environment.