Why is E2E Networks falling/rising?

As of 06-Aug, E2E Networks Ltd is experiencing a decline in its stock price, currently at Rs 2,074.60, which reflects a decrease of Rs 62.5 or 2.92%. The stock has been on a downward trend, having fallen consecutively for the last two days, resulting in a total drop of 4.34% during this period. Additionally, the stock has underperformed in the past week and month, with returns of -1.37% and -17.33%, respectively, while it has significantly lagged behind the benchmark Sensex, which has only decreased by 1.13% and 3.48% in the same time frames. The stock is currently trading below all its moving averages, indicating a bearish trend. Furthermore, there has been a notable drop in investor participation, with delivery volume falling by 63.57% compared to the five-day average, which may contribute to the stock's declining performance.
In the broader market context, E2E Networks' recent performance contrasts sharply with the Sensex, which has shown resilience with a year-to-date increase of 3.93%. While the stock has outperformed its sector by 1.31% today, the overall trend remains negative, especially given its year-to-date decline of 48.75%. The erratic trading pattern, including two days without trading in the last 20 days, further complicates its market position. The liquidity of the stock appears adequate for trading, but the significant drop in delivery volume suggests a lack of confidence among investors, which is likely contributing to the stock's current downward trajectory.