Why is Nova Agritech falling/rising?

As of 25-Sep, Nova Agritech Ltd's stock price is currently at 48.61, reflecting a decrease of 0.52, or 1.06%. The stock has been on a downward trend, having lost value for the last four consecutive days, resulting in a total decline of 4.84% during this period. Additionally, the stock has underperformed significantly over the past week and month, with returns of -4.12% and -7.37%, respectively. Despite a strong ability to service debt indicated by a low Debt to EBITDA ratio of 0.59 times and an attractive valuation with a ROCE of 16.7, the stock's performance has been negatively impacted by poor financial results, including a 36.4% drop in net sales and a 52.6% decline in PAT compared to previous quarters.
Broader market context shows that while Nova Agritech has faced a significant decline of 21.06% year-to-date, the benchmark Sensex has gained 3.87% during the same period, highlighting the stock's consistent underperformance against the market. The stock's recent price movement is also reflective of broader market trends, as it has fallen more sharply than the benchmark over the past week and month. The increase in investor participation, with delivery volume rising by 305.27%, suggests some interest, but the overall negative sentiment driven by disappointing financial results and long-term growth concerns continues to weigh heavily on the stock's performance.