Why is Ecoplast falling/rising?

As of 23-Oct, Ecoplast Ltd's stock price is currently at 534.80, reflecting a decrease of 8.5 points or 1.56%. The stock has underperformed its sector by 4.19% today, having opened with a loss of 2.41% and reaching an intraday low of Rs 524.25, which is a decline of 3.51%. Despite a recent trend of five consecutive days of gains, the stock has now reversed this trend. Over the past week, Ecoplast has shown a positive return of 7.36%, but it has a year-to-date decline of 22.49%. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day moving averages. There is a notable increase in investor participation, with delivery volume rising by 84.05% against the 5-day average, indicating some interest despite the recent price drop.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.30% over the past week, Ecoplast's performance is significantly stronger in the short term. However, the stock's year-to-date performance is considerably weaker than the benchmark, which has risen by 8.21%. The packaging sector, in which Ecoplast operates, has gained by 2.88%, suggesting that the broader market conditions are somewhat favorable, yet Ecoplast's recent price movement indicates specific challenges that the company is facing. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the reasons behind the stock's recent decline.