Why is NTC Industries falling/rising?

As of 18-Jul, NTC Industries Ltd is experiencing a decline in its stock price, currently at Rs 172.10, which represents a decrease of Rs 4.25 or 2.41%. The stock has underperformed its sector by 2.89% today and has been on a consecutive downward trend for the past five days, resulting in a total decline of 9.02% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a healthy long-term growth outlook, with an annual operating profit growth rate of 69.84% and positive results in the last two quarters, the recent performance has been overshadowed by a significant year-to-date decline of 26.45% compared to a 4.63% increase in the benchmark index.
In the broader market context, while the Sensex has only fallen by 0.90% over the past week, NTC Industries has seen a more substantial decline of 8.46% in the same timeframe. This stark contrast highlights the stock's underperformance relative to the benchmark. However, it is noteworthy that institutional investors have increased their stake in the company by 2.83%, indicating a level of confidence in its long-term potential despite the recent price drop. The stock's ability to generate a 36.91% return over the past year, while the broader market has struggled, suggests that there may be underlying strength that could support a recovery in the future.