Why is Nitta Gelatin falling/rising?

As of 16-Jul, Nitta Gelatin India Ltd's stock is currently priced at Rs 913.70, reflecting a decrease of Rs 11.75 or 1.27%. The stock has been underperforming, having fallen for the last three days with a total decline of 8.06% during this period. Today's trading saw the stock reach an intraday low of Rs 891.1, indicating significant selling pressure. Despite a strong long-term performance, with a 19.94% increase year-to-date and a remarkable 742.90% rise over the past five years, the recent downturn is compounded by a notable drop in investor participation, with delivery volume decreasing by 44.99% against the five-day average. Additionally, while the company maintains a solid debt servicing capability and fair valuation metrics, its profits have declined by 8.1% over the past year, which may be contributing to the current price movement.
In the broader market context, Nitta Gelatin's short-term performance has been relatively better than the benchmark, as it has outperformed the Sensex over the past week with a decline of only 0.43% compared to the Sensex's 1.08% drop. However, the stock's recent consecutive falls and underperformance against its sector by 1.12% suggest that investor sentiment may be shifting negatively despite its historical outperformance. The liquidity remains adequate for trading, but the falling delivery volumes could indicate waning interest from investors, which might further pressure the stock in the near term.