Why is Nihar Info Glob. falling/rising?

As of 07-Nov, Nihar Info Global Ltd's stock price is currently at 5.95, reflecting a decrease of 0.31, or 4.95%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 9.02% during this period. Over the past week, the stock has decreased by 7.47%, and it has also shown a significant decline of 13.77% over the past month. Although the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. Notably, there has been an increase in investor participation, with delivery volume rising by 9.62% against the 5-day average, indicating some interest despite the overall downward trend. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, Nihar Info Global Ltd's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.86% over the past week and has gained 1.57% over the past month. This indicates that while the stock is experiencing significant losses, the overall market is relatively stable or improving. Year-to-date, Nihar Info Global has underperformed the Sensex, with a decline of 4.80% compared to the benchmark's gain of 6.50%. This underperformance suggests that investor sentiment towards Nihar Info Global is weak compared to the broader market, contributing to the stock's current decline.