Why is Nikhil Adhesives falling/rising?

As of 30-Jul, Nikhil Adhesives Ltd is currently priced at 115.00, reflecting a decrease of 0.75, or 0.65%. The stock has underperformed its sector today by 1.69%, despite showing higher performance compared to its 5-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has remained flat, while it has declined by 5.74% over the last month and 17.56% over the past year. Although the company has a strong ability to service debt with a low Debt to EBITDA ratio of 0.93 and has seen a profit increase of 27.3% over the past year, the stock's long-term growth prospects appear poor, with net sales growing at only 6.75% annually over the last five years. Additionally, the lack of domestic mutual fund investment may indicate a lack of confidence in the stock's valuation.
In the broader market context, Nikhil Adhesives has underperformed compared to the Sensex, which has seen a decline of 1.50% over the past week and a slight gain of 0.03% over the past year. The stock's year-to-date return of -3.28% contrasts sharply with the Sensex's positive return of 4.28%, highlighting a significant divergence in performance. This underperformance, coupled with the company's flat results and minimal interest from domestic mutual funds, suggests that investor sentiment remains cautious, contributing to the stock's recent decline.