Why is Eco Recyc. falling/rising?

As of 18-Nov, Eco Recycling Ltd's stock price is currently at Rs 530.00, reflecting a decrease of Rs 10.3 or 1.91%. The stock has been underperforming, having lost 5.25% over the last two days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock touched an intraday low of Rs 516.25, indicating significant downward pressure. The delivery volume has also seen a sharp decline, falling by 55.8% compared to the 5-day average, which suggests reduced investor participation. Over the past week, the stock has declined by 9.87%, and year-to-date, it has plummeted by 45.42%, highlighting a troubling trend for investors.
In contrast, the broader market, represented by the Sensex, has shown resilience with a 0.96% gain over the past week and an 8.36% increase year-to-date. This stark difference indicates that while the market is experiencing positive momentum, Eco Recycling Ltd is struggling significantly. The stock's performance has been notably poor compared to the benchmark, with a year-on-year decline of 40.67% against the Sensex's 9.48% increase. This divergence underscores the challenges facing Eco Recycling Ltd, as it continues to lag behind the broader market trends.