Why is Nava falling/rising?

As of 04-Sep, Nava Ltd's stock price is currently at 683.90, reflecting a decrease of 20.25 points or 2.88%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 3.85% during this period. Today, it reached an intraday low of Rs 676, indicating a drop of 4%. Despite this recent downturn, Nava has shown strong performance over the past year, generating a return of 42.18%, and has outperformed the broader market consistently over the last three years. The company maintains a low Debt to EBITDA ratio of 1.23, which suggests a strong ability to service its debt, and there has been an increase in institutional investor participation, with their stake rising by 0.72% in the last quarter.
In the broader market context, Nava's short-term performance contrasts with the Sensex, which has only increased by 0.80% over the past week. While Nava has delivered a solid 4.43% return in the same timeframe, the recent price decline indicates a shift in investor sentiment, possibly influenced by falling delivery volumes, which have decreased by 47.28% compared to the five-day average. This decline in investor participation may be contributing to the stock's current downward trajectory, despite its historical performance and the positive outlook from institutional investors.