Why is Nikhil Adhesives falling/rising?

As of 15-Sep, Nikhil Adhesives Ltd is experiencing a decline in its stock price, currently at Rs 104.00, which reflects a decrease of Rs 1.3 or 1.23%. Today's performance indicates that the stock has underperformed its sector by 1.81%, with an intraday low of Rs 102.2, marking a drop of 2.94%. Over the past week, the stock has shown a slight decrease of 0.05%, while it has gained 4.89% over the past month. However, the stock has significantly underperformed over the longer term, with a year-to-date decline of 12.53% and a one-year drop of 26.21%. Despite a high management efficiency indicated by a ROCE of 25.55% and a low Debt to EBITDA ratio of 0.93, the stock's recent performance is hampered by poor long-term growth and negative quarterly results, including the lowest net sales recorded.
In the broader market context, the Sensex has increased by 1.24% over the past week and 1.47% over the past month, indicating that Nikhil Adhesives is lagging behind the benchmark. The stock's consistent underperformance against the benchmark over the last three years, along with a significant drop in delivery volume by 50.8% compared to the five-day average, suggests a lack of investor confidence. While the company has shown a profit increase of 4% over the past year, the overall negative sentiment surrounding its growth prospects and recent financial results has contributed to the stock's decline.