Why is Nexus Surgical falling/rising?

As of 29-Oct, Nexus Surgical and Medicare Ltd is experiencing a decline in its stock price, currently at Rs 17.30, which reflects a decrease of Rs 1.48 or 7.88%. Today's price summary indicates that the stock has underperformed its sector by 7.94% and has fallen after three consecutive days of gains. The stock reached an intraday low of Rs 17.25, showing a significant drop of 8.15%. In terms of returns, the stock has underperformed the benchmark Sensex over various periods, with a year-to-date decline of 37.50% compared to the Sensex's increase of 8.78%. The stock is trading above its 5-day, 20-day, and 200-day moving averages but below its 50-day and 100-day moving averages, indicating mixed momentum. Additionally, there has been a rise in investor participation, with delivery volume increasing by 6.34% against the 5-day average, suggesting some interest despite the price decline.
In the broader market context, the stock's short-term performance over the past week shows a modest gain of 0.58%, which is slightly below the Sensex's gain of 0.68%. However, the significant year-to-date underperformance highlights a troubling trend for Nexus Surgical, contrasting sharply with the benchmark's positive trajectory. The overall market sentiment appears to be more favorable, as evidenced by the Sensex's 5.76% increase over the past month, while Nexus Surgical's performance has lagged behind. This disparity in performance may contribute to the stock's current downward pressure, as investors may be seeking more stable or profitable opportunities in the market.