Why is Nivaka Fashions falling/rising?

As of 11-Nov, Nivaka Fashions Ltd's stock price is currently at 3.80, reflecting a decrease of 0.2, or 5.0%. The stock has been on a downward trend, having underperformed its sector by 5.48% today and experiencing consecutive losses over the last four days, resulting in a significant decline of 18.45% over that period. Additionally, the stock's performance over the past month shows a positive return of 42.86%, but its longer-term performance is concerning, with a decline of 14.22% over three years and a staggering 58.15% drop over five years. The delivery volume has also decreased significantly, falling by 65.56% compared to the five-day average, indicating reduced investor participation.
In the broader market context, while the Sensex has gained 0.49% over the past week, Nivaka Fashions has notably lagged behind, highlighting its struggles relative to the benchmark. The stock's performance over the year shows a modest gain of 2.15%, compared to the Sensex's 7.34%, further emphasizing its underperformance. The current price movement, combined with the falling investor participation and the stock's inability to maintain momentum despite a recent positive month, suggests that investor sentiment may be shifting negatively, contributing to the recent decline in stock price.