Why is NESCO falling/rising?

As of 12-Nov, NESCO Ltd's stock price is currently at 1,274.05, reflecting a decline of 32.4 points or 2.48%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 5.98% during this period. Additionally, today's performance indicates that it has underperformed its sector by 2.83%. The stock's delivery volume has also decreased significantly, down by 62.11% compared to the five-day average, suggesting a drop in investor participation. Despite these challenges, the company maintains a low debt-to-equity ratio and has seen a slight increase in institutional investor participation, which may provide some support for the stock's fundamentals.
In the broader market context, NESCO's short-term performance has been notably weaker than the benchmark, with a one-week return of -2.00% compared to the Sensex's gain of 1.21%. Over the past month, NESCO has declined by 6.62%, while the Sensex has increased by 2.38%. However, it is important to note that NESCO has outperformed the market over the longer term, with a year-to-date return of 31.47% compared to the Sensex's 8.10%. This disparity highlights the stock's strong historical performance, but the recent downturn suggests that current market conditions and investor sentiment are weighing heavily on its price.