Why is Neelamalai Agro falling/rising?

As of 06-Aug, Neelamalai Agro Industries Ltd is currently priced at 3,545.20, reflecting an increase of 35.2 or 1.0%. Despite this positive movement today, the stock has shown a decline of 1.85% over the past week and a more significant drop of 5.34% over the last month. The stock touched an intraday high of Rs 3,674, indicating a potential for recovery, but it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 11.5% against the 5-day average, which may indicate waning interest among investors.
In the broader market context, Neelamalai Agro's recent performance contrasts with the benchmark Sensex, which has declined by only 1.15% over the past week and 3.46% over the past month. This underperformance relative to the benchmark highlights the challenges the company faces, particularly given its year-to-date decline of 16.69% compared to the Sensex's gain of 3.08%. The stock's liquidity remains adequate for trading, but the overall negative sentiment surrounding its performance over longer periods, such as a 21.91% drop over the past year, suggests that investors may be cautious moving forward.