Why is Nova Agritech falling/rising?

As of 07-Aug, Nova Agritech Ltd's stock price is currently at 54.55, reflecting a decrease of 0.07, or 0.13%. The stock has shown a mixed performance recently, with a 1-week decline of 0.80% and a year-to-date drop of 11.42%. However, it has gained 4.72% over the past month. Today's performance indicates that the stock has outperformed its sector by 1.62%. Despite being higher than the 5-day, 50-day, and 100-day moving averages, it remains lower than the 20-day and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume falling by 56.85% compared to the 5-day average, which may contribute to the downward pressure on the stock price. There is no information available regarding positive or negative factors that could further clarify the stock's recent movement.
In the broader market context, Nova Agritech's short-term performance has been slightly worse than the benchmark, with a 1-week return of -0.80% compared to the Sensex's decline of 0.69%. This suggests that while the stock has faced challenges, it is not alone in its struggles, as the overall market has also experienced declines. However, the year-to-date performance shows a stark contrast, with the Sensex gaining 3.18% while Nova Agritech has fallen significantly. This divergence highlights the stock's underperformance relative to the broader market trends, which may be influencing investor sentiment and contributing to the stock's current price decline.