Why is NDA Securities falling/rising?

As of 24-Sep, NDA Securities Ltd is experiencing a decline in its stock price, currently at Rs 41.00, reflecting a decrease of Rs 1.84 or 4.3%. The stock has been underperforming, having fallen for three consecutive days, resulting in a total decline of 6.61% during this period. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 50.48% compared to the 5-day average. The stock's performance over the past week shows a decline of 1.91%, while over the past month, it has fallen by 6.58%. Despite a strong year-to-date return of 26.08%, the recent negative momentum suggests a shift in market sentiment.
In the broader market context, NDA Securities' recent performance contrasts with the Sensex, which has only declined by 1.18% over the past week and has gained 0.50% over the past month. This indicates that while the overall market is relatively stable, NDA Securities is facing specific challenges that are leading to its underperformance. The stock's year-to-date performance remains strong compared to the benchmark, but the recent downward trend highlights a potential loss of investor confidence, particularly in light of the significant drop in trading volume and consecutive price declines.