Why is NTC Industries falling/rising?

As of 12-Aug, NTC Industries Ltd is currently priced at Rs 167.80, reflecting a slight increase of 0.15 or 0.09%. Despite this minor uptick, the stock has shown a negative performance over the past week, down 3.59%, and a significant decline of 10.74% over the past month. The stock is trading lower than its moving averages across various time frames, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 48.34% compared to the 5-day average. The company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 69.84%, and it has reported positive results for the last two consecutive quarters, which may provide some support for the stock's price.
In the broader market context, NTC Industries has underperformed relative to the Sensex, which has only declined by 0.59% over the past week. The stock's year-to-date performance is particularly concerning, with a drop of 28.29%, while the benchmark has gained 2.68%. Despite these challenges, the stock's valuation appears attractive, trading at a discount compared to its peers, and institutional investors have increased their stake, indicating a potential for recovery. However, the overall negative returns over the past year, coupled with the stock being close to its 52-week low, suggest that investors remain cautious.