Why is NESCO falling/rising?

As of 18-Jul, NESCO Ltd's stock price is currently at Rs 1,275.00, reflecting a decrease of Rs 14.8 or 1.15%. Despite this decline, the stock has shown strong performance over various periods, including a 24.74% increase over the past month and a remarkable 38.08% rise over the last year. Today's price summary indicates that the stock is trading above its moving averages, but it has underperformed its sector by 0.5%. Additionally, the stock touched an intraday low of Rs 1,252.85, and there has been a notable drop in investor participation, with delivery volume falling by 17.37% against the 5-day average. The company maintains a low debt-to-equity ratio and has consistently outperformed the BSE500 over the long term, which supports its hold status.
In the broader market context, NESCO's short-term performance has been significantly better than the benchmark, with a 7.17% increase over the past week compared to a 0.90% decline in the Sensex. This indicates that while the stock is experiencing a slight decline today, its overall trend remains positive relative to the market. The stock's liquidity is adequate for trading, and its strong historical performance suggests that the recent price drop may be more of a temporary fluctuation rather than a reflection of underlying weakness.