Why is New Light Indust falling/rising?

As of 15-Oct, New Light Industries Ltd is experiencing a decline in its stock price, currently at 1.96, which reflects a decrease of 0.1 or 4.85%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 13.66% during this period. Additionally, the stock's performance today underperformed its sector by 5.83%. While the stock has shown positive returns over the past week and month, with increases of 3.70% and 14.62% respectively, it has a significant year-over-year decline of 76.18%. The delivery volume has also seen a drastic drop of 89.37% compared to the five-day average, indicating falling investor participation.
In the broader market context, the Sensex has shown a modest gain of 1.02% over the past week and 1.00% over the past month, contrasting with New Light Industries' recent struggles. Although the stock has outperformed the benchmark in the short term, its long-term performance remains concerning, particularly with a year-to-date performance not available and a three-year return of 28.95% compared to the Sensex's 42.62%. This disparity highlights the challenges faced by New Light Industries Ltd in maintaining investor confidence amidst declining participation and significant price drops.