Why is Tulsyan NEC falling/rising?

As of 07-Nov, Tulsyan NEC Ltd's stock price is currently at Rs 41.99, reflecting a decline of Rs 2.21, or 5.0%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 9.7% during this period. Although it opened with a gain of 3.82% today and reached an intraday high of Rs 45.89, it ultimately closed at its day's low of Rs 41.99. The stock has shown a significant decline of 10.66% over the past week and a staggering 40.36% year-to-date, indicating ongoing challenges. Additionally, investor participation has decreased, with delivery volume dropping by 63.94% compared to the five-day average, suggesting reduced interest in the stock.
In the broader market context, the Sensex has only declined by 0.86% over the past week, highlighting that Tulsyan NEC's performance is significantly worse than the benchmark. While the stock has gained 1.23% over the past month, it still lags behind the Sensex's 1.57% increase. The stark contrast in performance over the year, with Tulsyan NEC down 46.27% compared to the Sensex's 4.62% rise, further emphasizes the stock's struggles. The combination of falling investor participation and poor recent returns relative to the benchmark indicates a challenging environment for Tulsyan NEC Ltd.