Why is Sadhana Nitro falling/rising?

As of 17-Jul, Sadhana Nitro Chem Ltd's stock price is currently at 7.50, reflecting a decrease of 0.17, or 2.22%. The stock has recently experienced a trend reversal, falling after five consecutive days of gains. Additionally, it has underperformed its sector by 2.47%. The stock's performance over the past week shows a significant increase of 12.61%, but it has suffered a substantial decline of 47.55% over the past month. Year-to-date, the stock is down 81.41%, and over the past year, it has decreased by 88.49%. Notably, there has been a decline in investor participation, with delivery volume dropping by 42.63% compared to the five-day average, indicating waning interest among investors.
Broader Market Context: In contrast to Sadhana Nitro's recent performance, the benchmark Sensex has shown a slight decline of 1.12% over the past week and a modest gain of 0.83% over the past month. While the stock has outperformed the benchmark in the short term, its long-term returns are significantly worse, with a staggering 91.21% decline over three years compared to the Sensex's gain of 53.01%. This stark contrast highlights the challenges faced by Sadhana Nitro in maintaining investor confidence and market performance, particularly as it struggles with liquidity and overall market sentiment.