Why is NESCO falling/rising?

As of 24-Sep, NESCO Ltd's stock price is currently at 1,442.50, reflecting a decrease of 28.2 points or 1.92%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 5.63%. Today's trading saw the stock reach an intraday low of Rs 1426.65, which is a 3% drop. Additionally, the stock's performance over the past week shows a decline of 4.43%, while it has generated a notable 48.62% return over the last year. Despite its strong long-term performance, including a 146.43% increase over three years, the recent trend indicates a decline in investor participation, with delivery volume dropping by 34.25% compared to the five-day average.
In the broader market context, NESCO's recent performance contrasts with the Sensex, which has only declined by 1.18% over the past week. This underperformance relative to the benchmark suggests that investor sentiment may be shifting. While the company boasts a low debt-to-equity ratio and has consistently generated returns that outpace the BSE500 over the last three years, the current market dynamics and falling investor participation could be contributing to the stock's recent decline. The liquidity of the stock remains adequate for trading, but the combination of recent price drops and lower trading volumes may indicate caution among investors.