Why is Nila Spaces falling/rising?

As of 17-Jul, Nila Spaces Ltd's stock price is currently at 15.87, reflecting a decrease of 0.16, or 1.0%. The stock has recently underperformed its sector by 1.96% and has experienced a trend reversal, falling after two consecutive days of gains. Despite this recent decline, Nila Spaces has shown strong performance over various time frames, with a 1-year return of 84.75% and a remarkable 410.29% increase over the past three years. The company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 59.49%. However, there has been a decline in investor participation, as evidenced by a 3.64% drop in delivery volume compared to the 5-day average.
In the broader market context, Nila Spaces has outperformed the benchmark Sensex over the last week and month, with returns of 15.67% and 34.15%, respectively, while the Sensex has seen declines of 1.12% and gains of only 0.83%. However, the stock's year-to-date performance shows a decline of 7.79%, contrasting with the Sensex's increase of 5.27%. This indicates that while Nila Spaces has had strong historical performance, recent trends suggest a potential correction or profit-taking phase, which may be contributing to its current price decline.