Why is Nandan Denim falling/rising?

As of 23-Sep, Nandan Denim Ltd's stock price is currently at 3.50, reflecting a decrease of 0.05, or 1.41%. The stock has been underperforming, having lost 3.31% over the last two days and showing a weekly decline of 1.41%. In terms of returns, the stock has significantly underperformed on a year-to-date basis with a drop of 27.98%, and a staggering 48.60% decline over the past year. Although there has been a recent increase in investor participation, with delivery volume rising by 15.01% against the 5-day average, the stock's performance remains below the sector average by 0.79%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.
Broader Market Context: In comparison to the benchmark Sensex, which has seen a slight decline of 0.34% over the past week, Nandan Denim's performance is notably worse. While the Sensex has gained 0.98% over the past month, Nandan Denim has managed a modest increase of 2.34% during the same period. However, the stark contrast in year-to-date and yearly performance highlights the challenges faced by Nandan Denim, as it has not kept pace with the broader market trends, which may contribute to investor sentiment and stock price movements.