Why is Nureca falling/rising?

As of 29-Oct, Nureca Ltd's stock price is currently at Rs 261.80, reflecting a decline of Rs 26.4 or 9.16%. The stock has been underperforming significantly, having fallen consecutively for the last two days with a total return drop of 16.09%. Today's trading has seen the stock touch an intraday low of Rs 259.4, indicating high volatility with an intraday fluctuation of 9.04%. Over the past week, the stock has experienced a substantial decline of 17.93%, while its year-to-date performance shows a decrease of 7.15%. Notably, the stock has traded in a wide range of Rs 31.25, and delivery volume has decreased by 18.61% compared to the five-day average, suggesting a decline in investor participation.
In the broader market context, the Sensex has shown a positive return of 0.68% over the past week, contrasting sharply with Nureca's significant decline. While the medical equipment sector has gained by 3.01%, Nureca's performance has not aligned with this trend, indicating sector-specific challenges or company-specific issues. The stock's performance over the last three years has been particularly poor, with a staggering decline of 66.50%, while the benchmark has risen by 41.76% during the same period. This stark contrast highlights the ongoing struggles Nureca faces in attracting investor confidence amidst a generally positive market environment.