Why is Nava falling/rising?

As of 05-Sep, Nava Ltd's stock price is currently at 681.85, reflecting a decrease of 2.05 or 0.3%. The stock has been underperforming recently, having fallen consecutively for the last four days, resulting in a total decline of 4.14%. Despite opening with a gain of 2.2% today and reaching an intraday high of Rs 698.95, the stock's performance has been hindered by a significant drop in investor participation, with delivery volume falling by 36.4% compared to the 5-day average. Over the past month, the stock has shown a positive return of 11.06%, and it has significantly outperformed the benchmark over longer periods, including a 39.32% increase over the past year. The company's low Debt to EBITDA ratio of 1.23 times indicates a strong ability to service debt, which is a positive factor for investors. Additionally, institutional investors have increased their stake, suggesting growing confidence in the company's fundamentals.
Broader Market Context: In the short term, Nava Ltd's performance has been less favorable compared to the Sensex, which has gained 1.13% over the past week while Nava has declined by 0.81%. This underperformance may be contributing to the stock's recent price drop, as it contrasts with the broader market's upward movement. Despite the stock's strong historical returns, including a remarkable 540.08% increase over the past three years, the current trend reflects a challenging environment for the stock, particularly in light of decreasing investor participation and recent price declines.