Why is Nirman Agri falling/rising?

As of 23-Oct, Nirman Agri Genetics Ltd is experiencing a decline in its stock price, currently at Rs. 129.15, which reflects a decrease of Rs. 6.8 or 5.0%. The stock has hit a new 52-week low today and has underperformed its sector by 4.76%. Over the past week, the stock has seen a significant drop of 18.52%, and its year-to-date performance shows a staggering decline of 67.13%. Additionally, the stock is trading below all its moving averages, indicating a bearish trend. Despite some positive factors such as high management efficiency and strong growth in net sales and operating profit, the recent performance has been overshadowed by falling investor participation, with delivery volume decreasing by 39.29% against the 5-day average.
In the broader market context, the Sensex has shown a positive return of 1.20% over the past week, contrasting sharply with Nirman Agri's substantial decline. This underperformance relative to the benchmark highlights the stock's struggles in attracting investor confidence. While the company has reported impressive growth metrics, including a 215.30% increase in net sales over the last six months, the overall market sentiment and recent trading activity suggest a lack of momentum for the stock, leading to its current downward trajectory.