Why is Neelkanth Rock falling/rising?

As of 01-Aug, Neelkanth Rockminerals Ltd is experiencing a decline in its stock price, currently at Rs. 18.00, which reflects a decrease of Rs. 0.32 or 1.75%. The stock has recently hit a new 52-week high of Rs. 18.32, indicating some upward momentum prior to this decline. However, it has underperformed its sector today by 0.78%, and there has been a significant drop in investor participation, with delivery volume falling by 94.54% against the 5-day average. Despite trading above its moving averages, the erratic trading pattern, with the stock not trading on one day out of the last 20, suggests some instability. The stock has shown strong performance over the past week, month, and year, with returns of +2.86%, +18.42%, and +25.17%, respectively, indicating a generally positive trend despite the current dip.
In the broader market context, Neelkanth Rockminerals Ltd has outperformed the benchmark Sensex over the past week and month, with the Sensex showing declines of 1.06% and 3.70% respectively. Year-to-date, the stock has also outperformed the Sensex, which has gained only 3.15%. This suggests that while the stock is currently facing a short-term setback, its overall performance relative to the market has been strong. The broader market's volatility may be impacting investor sentiment, contributing to the recent decline in stock price despite its positive long-term trajectory.