Why is Natl. Oxygen falling/rising?

As of 25-Sep, National Oxygen Ltd's stock price is currently at Rs 113.00, reflecting a decrease of Rs 1.95 or 1.7%. The stock has been on a downward trend, having lost 3.67% over the past four days and underperformed its sector by 1.44% today. Although it opened with a gain of 4.39% and reached an intraday high of Rs 120, it has consistently traded below its moving averages across various time frames. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 57.5% compared to the five-day average, indicating a lack of buying interest. The stock's year-to-date performance shows a decline of 15.58%, contrasting sharply with the Sensex's gain of 3.87%.
In the broader market context, National Oxygen's recent performance has been weaker than the benchmark, as it has declined by 3.25% over the past week compared to the Sensex's decline of 2.23%. Over the past month, the stock has also underperformed, with a decline of 2.88% against the Sensex's smaller drop of 0.58%. This trend of underperformance is further highlighted by its long-term returns, where the stock has fallen 20.17% over three years, while the Sensex has gained 39.69%. The combination of these factors suggests that the stock is facing significant challenges in attracting investor interest and maintaining upward momentum in a market that is not favoring it.