Why is Nikhil Adhesives falling/rising?

As of 19-Sep, Nikhil Adhesives Ltd is experiencing a decline in its stock price, currently at Rs 101.00, which reflects a decrease of Rs 3.05 or 2.93%. Today's price summary indicates that the stock underperformed its sector by 2.6%, with an intraday high of Rs 106.65 and a low of Rs 100.8. The stock is trading below all key moving averages, and there has been a significant drop in investor participation, with delivery volume falling by 51.35% compared to the 5-day average. Over the past year, the stock has generated a return of -25.19%, and despite a 4% increase in profits, the overall growth has been hindered by poor long-term sales growth and negative quarterly results.
In the broader market context, Nikhil Adhesives has underperformed against the benchmark, with a 1-week return of -4.08% compared to the Sensex's gain of 0.88%. The stock's long-term performance has also been disappointing, with a 3-year return of -34.11% versus a 39.71% increase in the benchmark. While the company boasts high management efficiency and a strong ability to service debt, these positive factors are overshadowed by consistent underperformance and a lack of growth, contributing to the stock's current downward trend.