Why is NCC falling/rising?

As of 23-Sep, NCC Ltd's stock price is currently at 211.90, reflecting a decrease of 2.1, or 0.98%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.31% during this period. In the past week, the stock has decreased by 1.92%, while over the last month, it has dropped by 2.42%. Despite a healthy long-term growth rate in net sales and operating profit, the stock's performance has been negatively impacted by flat quarterly results, with net sales at their lowest and declines in profit before tax and profit after tax compared to previous quarters. Additionally, the stock has generated a return of -32.69% over the past year, significantly underperforming the broader market, which saw a decline of only 4.69%.
In the broader market context, NCC Ltd's recent performance contrasts sharply with the Sensex, which has shown a slight decline of 0.34% over the past week and a positive return of 0.98% over the past month. The stock's liquidity remains adequate, but a notable drop in delivery volume indicates falling investor participation, which may further pressure the stock price. While the company maintains a low debt-to-equity ratio and high institutional holdings, these factors have not been sufficient to counteract the negative sentiment stemming from recent earnings results and the stock's significant underperformance relative to the market.