Why is Nikhil Adhesives falling/rising?

As of 18-Sep, Nikhil Adhesives Ltd is currently priced at 104.05, with no change in price (0.00%). The stock has shown mixed performance recently, with a slight decline of 0.43% over the past week, while it has increased by 5.90% over the past month. However, year-to-date, the stock has fallen by 12.49%, and over the past year, it has decreased by 24.87%. Today's performance indicates that it has outperformed its sector by 0.5%. Despite being above the 20-day and 100-day moving averages, it remains below the 5-day, 50-day, and 200-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 28.96% compared to the 5-day average.
In the broader market context, the Sensex has increased by 1.80% over the past week and 2.14% over the past month, indicating that Nikhil Adhesives is underperforming relative to the benchmark in the short term. Year-to-date, while the Sensex has gained 6.24%, Nikhil Adhesives has seen a significant decline, suggesting that broader market trends are not favoring the stock. The liquidity of the stock is adequate for trading, but the falling investor participation could indicate a lack of confidence among investors, contributing to the stock's recent struggles.