Why is NDL Ventures falling/rising?

As of 22-Jul, NDL Ventures Ltd is experiencing a price increase, currently at Rs 71.90, which reflects a rise of 1.04 or 1.47%. The stock has shown a wide intraday range, reaching a high of Rs 75.4, which is a 6.41% increase, while it also dipped to a low of Rs 68, marking a decrease of 4.04%. Despite today's positive movement, the stock has underperformed in the short term, with a weekly return of -0.99%. However, over the past month, it has gained 10.51%, indicating a recent recovery. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, but below its 200-day moving average. Notably, there has been a decline in investor participation, with delivery volume falling by 22.39% compared to the 5-day average, which may indicate waning interest.
In the broader market context, the Sensex has also seen a slight decline of 0.47% over the past week, suggesting that the stock's recent performance is somewhat in line with market trends. However, NDL Ventures' performance over the year has been significantly poorer, with a year-to-date decline of 33.79% compared to the Sensex's gain of 5.18%. This stark contrast highlights the challenges faced by NDL Ventures in the longer term, despite its recent positive movements. The stock's liquidity remains adequate for trading, but the falling delivery volume could be a concern for sustained upward momentum.