Why is DE Nora India falling/rising?

As of 06-Nov, DE Nora India Ltd is experiencing a decline in its stock price, currently at Rs 777.80, which reflects a decrease of Rs 35.7 or 4.39%. The stock has underperformed its sector by 1.72% today and reached an intraday low of Rs 772, marking a drop of 5.1%. Additionally, DE Nora India is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 3.38%, and year-to-date, it has fallen by 33.27%. Notably, there has been a significant drop in investor participation, with delivery volume plummeting by 61.96% compared to the 5-day average, indicating reduced interest in the stock.
In the broader market context, the Sensex has shown a decline of 1.30% over the past week, which is less severe than DE Nora India's performance. While the stock has struggled in the short term, it has outperformed the benchmark over a three-year period, gaining 4.87% compared to the Sensex's 36.69%. However, the stock's year-on-year performance is concerning, with a drop of 40.03% against the Sensex's modest increase of 3.65%. The overall negative sentiment in the Electrodes & Welding Equipment sector, which has fallen by 3.55%, further contributes to the downward pressure on DE Nora India's stock price.