Why is Nila Infrastruct falling/rising?

As of 22-Sep, Nila Infrastructures Ltd is experiencing a decline in its stock price, currently at 10.29, reflecting a decrease of 0.17 or 1.63%. The stock has underperformed its sector by 1.56% today and has been on a downward trend for the past three days, accumulating a total loss of 2.56%. Additionally, it is trading below all moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish sentiment. Despite the company reporting a significant growth in net sales of 124.16% and positive results for the last ten consecutive quarters, the stock has generated a negative return of 22.34% over the past year, highlighting a disconnect between its strong operational performance and market perception. The weak long-term fundamental strength, with an average ROCE of only 5.00% and poor growth rates in net sales and operating profit over the last five years, further exacerbates the stock's decline.
In the broader market context, Nila Infrastructures has underperformed the benchmark Sensex, which has shown a slight increase of 0.46% over the past week, while Nila's stock has fallen by 4.46% in the same period. This trend of underperformance is consistent across multiple time frames, including a 7.63% decline over the past month and a 17.88% drop year-to-date, contrasting sharply with the Sensex's 5.15% gain in the same timeframe. The falling investor participation, evidenced by a 14.93% decrease in delivery volume, suggests a lack of confidence among investors, contributing to the stock's downward trajectory. Overall, the combination of short-term losses, weak long-term fundamentals, and poor market sentiment has led to the current decline in Nila Infrastructures' stock price.