Why is Nila Spaces falling/rising?

As of 11-Nov, Nila Spaces Ltd is experiencing a decline in its stock price, currently at 16.90, which reflects a decrease of 0.52 or 2.99%. The stock has underperformed its sector by 2.72% today and has been on a consecutive downward trend for the last two days, resulting in a total loss of 4.41% during this period. Additionally, the stock's performance over the past week shows a decline of 1.69%, and over the past month, it has fallen by 11.75%. Although the stock has shown strong long-term performance with a 29.50% increase over the past year and an impressive 366.85% rise over three years, its recent movements indicate a concerning trend. The delivery volume has also decreased by 10.98% compared to the five-day average, suggesting falling investor participation, which may be contributing to the stock's downward pressure.
In the broader market context, the Sensex has shown a positive return of 0.49% over the past week and a 1.66% increase over the past month, contrasting sharply with Nila Spaces' negative returns during the same periods. This underperformance relative to the benchmark indicates that the stock is not only struggling in its sector but also lagging behind the overall market trends. The stock's moving averages indicate that while it is above the 100-day and 200-day averages, it is below the shorter-term averages, which may signal a bearish sentiment among investors. Overall, the combination of declining investor interest, poor short-term performance relative to the benchmark, and the recent consecutive falls contribute to the stock's current downward trajectory.