Why is Cords Cable falling/rising?

As of 18-Sep, Cords Cable Industries Ltd is experiencing a decline in its stock price, currently at 178.20, down by 1.8 points or 1.0%. The stock has underperformed its sector today by 1.02% and has been on a consecutive downward trend for the last two days, resulting in a total return decrease of 1.19% during this period. Additionally, the stock's year-to-date performance shows a significant decline of 14.94%, contrasting sharply with the Sensex, which has gained 6.24% over the same timeframe. The stock is currently trading above its 5-day and 20-day moving averages but below its 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in momentum. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 10.55% compared to the 5-day average.
In the broader market context, the stock's short-term performance over the past week shows a modest gain of 0.93%, while the Sensex has outperformed with a return of 1.80%. This underperformance relative to the benchmark highlights the challenges faced by Cords Cable Industries Ltd in attracting investor interest. The liquidity of the stock remains adequate for trading, but the declining delivery volume suggests a waning interest among investors, which could further contribute to the stock's downward pressure. Overall, the combination of negative returns, declining investor participation, and underperformance against the benchmark indicates that Cords Cable is facing significant challenges in the current market environment.