Why is NESCO falling/rising?

As of 23-Sep, NESCO Ltd's stock price is currently at 1,470.70, reflecting a decline of 28.85 points or 1.92%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 3.78% during this period. Today's trading saw the stock reach an intraday low of Rs 1457.6, indicating a decline of 2.8%. Despite a strong performance over the past year with a return of 51.38%, the stock's recent movement is affected by a decrease in investor participation, as evidenced by a 30.12% drop in delivery volume compared to the five-day average. While the company maintains a low debt-to-equity ratio and has consistently generated returns over the last three years, these positive factors are overshadowed by the recent price decline.
In the broader market context, NESCO's short-term performance has been weaker than the benchmark, with a 1-week return of -0.52% compared to the Sensex's -0.34%. Although the stock has shown strong year-to-date and annual returns, its recent performance indicates a struggle to maintain momentum amidst declining investor interest. The stock's liquidity remains adequate for trading, but the current trend suggests that it may be facing challenges in sustaining its previous growth levels, particularly in light of the recent downturn in price and trading activity.