Why is Nectar Lifesci. falling/rising?

As of 14-Nov, Nectar Lifescience Ltd is experiencing a decline in its stock price, currently at Rs 14.85, which reflects a decrease of Rs 1.07 or 6.72%. Today's performance indicates that the stock has underperformed its sector by 7.09%, with an intraday low of Rs 14.5, marking a drop of 8.92%. The stock has shown high volatility today, with an intraday volatility of 5.5%. Despite trading above its 5-day, 20-day, and 50-day moving averages, it remains below its 100-day and 200-day moving averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 509.72% compared to the 5-day average, suggesting a potential shift in market sentiment, although the overall returns for the stock remain negative, with a year-to-date decline of 61.92%.
In the broader market context, the stock's short-term return over the past week is +1.37%, which is lower than the benchmark Sensex's return of +1.62%. Over the past month, Nectar Lifescience has outperformed the Sensex, with a return of +9.27% compared to the benchmark's +3.09%. However, the significant year-to-date and one-year declines of 61.92% and 58.75%, respectively, highlight ongoing challenges for the company relative to the overall market, which has seen an 8.22% increase year-to-date. This context suggests that while there may be short-term fluctuations, the long-term performance of Nectar Lifescience remains under pressure compared to broader market trends.