Why is Narmada Gelatine falling/rising?

As of 18-Nov, Narmada Gelatines Ltd is experiencing a decline in its stock price, currently at Rs 351.25, which reflects a decrease of Rs 18.7 or 5.05%. The stock has underperformed its sector by 4.07% today and has been on a consecutive downward trend for the last two days, accumulating a total loss of 5.7% during this period. Additionally, the stock has touched an intraday low of Rs 349 and has shown a significant drop in delivery volume, falling by 87.62% compared to the 5-day average. Over the past week, the stock has decreased by 7.44%, while it has shown a modest gain of 3.94% over the past month. However, year-to-date, the stock is down 8.66%, contrasting with a 4.23% increase over the past year.
In the broader market context, the Sensex has gained 0.96% over the past week and 0.86% over the past month, indicating that the overall market is performing positively while Narmada Gelatines Ltd is struggling. This underperformance is further highlighted by the stock's moving averages, which indicate that it is currently lower than the 5-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The liquidity of the stock remains adequate for trading, but the falling investor participation points to a lack of confidence among investors, contributing to the stock's recent decline.