Why is NGL Fine Chem falling/rising?

As of 07-Aug, NGL Fine Chem Ltd's stock price is currently at 1,233.00, reflecting an increase of 3.65, or 0.3%. The stock has shown a trend reversal by gaining after three consecutive days of decline, although it has underperformed its sector by 0.35%. The stock has traded within a narrow range of Rs 3.65 today. In terms of performance over various periods, the stock is down 5.97% over the past week and 31.50% year-to-date, while it has seen a significant decline of 50.85% over the past year. Notably, the delivery volume has decreased by 49.03% against the 5-day average, indicating falling investor participation, which may be contributing to the stock's recent volatility. There is no information available regarding positive or negative factors that could further explain the stock's movement.
Broader market context shows that while NGL Fine Chem has struggled with a year-to-date decline of 31.50%, the benchmark Sensex has gained 3.18% during the same period. In the short term, the stock's performance has been notably worse than the benchmark, with a 1-week return of -5.97% compared to the Sensex's decline of only 0.69%. This underperformance highlights the challenges faced by NGL Fine Chem in the current market environment, despite a slight uptick in price today.