Why is NDL Ventures falling/rising?

As of 29-Sep, NDL Ventures Ltd is experiencing a decline in its stock price, currently at 80.30, which represents a decrease of 2.25 or 2.73%. The stock has been on a downward trend, losing value for the last four consecutive days, with a total decline of 6.15% during this period. It opened today with a loss of 2.73% and has traded at this price without any significant range. In terms of performance against benchmarks, the stock has underperformed significantly over various periods, with a year-to-date decline of 26.06% compared to a 2.85% increase in the Sensex. Although the stock is trading higher than its 100-day moving average, it remains below its 5-day, 20-day, 50-day, and 200-day moving averages. Notably, there has been a rise in investor participation, with delivery volume increasing by 244.66% against the 5-day average, indicating some interest despite the overall negative performance.
Broader Market Context: In the context of the broader market, the DTH/Cable sector, to which NDL Ventures belongs, has also seen a decline of 2.78%. This sector-specific downturn may be contributing to the stock's poor performance. Comparatively, while NDL Ventures has fallen by 12.62% over the past month, the Sensex has increased by 0.70%, highlighting a stark contrast in performance. The stock's significant underperformance relative to the benchmark and the sector suggests that broader market conditions are not favorable for NDL Ventures at this time.