Why is Niyogin Fintech falling/rising?

As of 24-Sep, Niyogin Fintech Ltd is experiencing a slight decline in its stock price, currently at 63.47, which reflects a decrease of 0.03 or 0.05%. The stock has been on a downward trend, having lost value for the last four consecutive days, resulting in a total decline of 7.73% during this period. Additionally, the stock's performance over the past week shows a significant drop of 5.96%, and its year-to-date return is down by 12.25%. The delivery volume has also decreased sharply, falling by 64.7% compared to the 5-day average, indicating a reduction in investor participation. The stock is currently trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages, which may suggest a bearish sentiment among investors.
Broader market context reveals that while Niyogin Fintech has struggled recently, the benchmark Sensex has shown a modest decline of only 1.18% over the past week. This stark contrast highlights the stock's underperformance relative to the broader market. Over the past month, Niyogin Fintech has seen a significant drop of 17.85%, while the Sensex has managed a slight gain of 0.50%. The stock's long-term performance shows some resilience with a 1-year return of 11.80%, but the recent trends and declining investor interest indicate challenges ahead for Niyogin Fintech Ltd in maintaining its value in the current market environment.