Why is Nirlon falling/rising?

As of 05-Sep, Nirlon Ltd's stock price is currently at 545.00, showing no change (0.00%). The stock has underperformed its sector by 0.29% today, despite being higher than the 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.97%, while it has shown a positive return of 2.82% over the last month and an impressive 24.05% over the past year. The company has a high dividend yield of 4.77%, which may attract investors, but there is a noted decline in investor participation, with delivery volume falling by 2.32% against the 5-day average. Additionally, while the company has demonstrated strong management efficiency with a high ROCE of 22.44%, it also carries a high debt-to-equity ratio of 2.48, indicating financial risk.
Broader market context shows that while Nirlon has outperformed the broader market, which has generated negative returns of -4.41% over the last year, its recent performance has been mixed. The Sensex has increased by 1.13% over the past week, contrasting with Nirlon's decline. Despite the stock's strong long-term performance, the recent underperformance relative to the sector and the decline in investor participation may be contributing to a cautious sentiment among investors. Overall, while the stock has shown resilience and strong returns over the longer term, the current market dynamics and financial risks may be influencing its recent price stability.