Why is NCC falling/rising?

As of 15-Sep, NCC Ltd's stock price is currently at 212.10, reflecting an increase of 3.4, or 1.63%. The stock has been gaining for the last four days, with a total return of 3.09% during this period, and it has outperformed its sector by 0.7%. However, despite this recent uptick, the stock has shown a decline of 2.86% over the past month and a significant drop of 22.72% year-to-date. The company's low debt-to-equity ratio of 0.09 times, healthy long-term growth in net sales at an annual rate of 22.72%, and an attractive valuation with a price-to-book ratio of 1.8 suggest a solid fundamental position. However, the stock's performance has been hindered by flat quarterly results, with net sales at their lowest and declines in profit before tax and profit after tax compared to previous quarters.
In the broader market context, NCC Ltd's recent performance has outpaced the Sensex, which has increased by 1.24% over the past week, while NCC's return for the same period is 2.22%. Despite this short-term outperformance, the stock has underperformed the market significantly over the past year, with a decline of 33.09% compared to the Sensex's slight drop of 1.33%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 45.38% against the five-day average, which may indicate waning interest among retail investors despite high institutional holdings at 30.2%. This combination of factors contributes to the stock's recent price movement and overall market sentiment.