Why is Ecoplast falling/rising?

As of 14-Nov, Ecoplast Ltd's stock price is currently at 496.15, reflecting a decline of 8.1 points or 1.61%. The stock has underperformed its sector by 2.21% today, opening with a loss of 2.02% and reaching an intraday low of Rs 494.05. Additionally, Ecoplast is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 3.87%, while its year-to-date performance shows a significant decline of 28.09%. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 289.11% against the 5-day average, suggesting some interest in the stock despite its current struggles.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.62% over the past week and 8.22% year-to-date, Ecoplast's performance has been markedly weaker. This divergence highlights the stock's challenges in the current market environment, where it has not only underperformed in the short term but also shows a negative trend over a longer period. The absence of any positive factors in the provided data further emphasizes the difficulties faced by Ecoplast, contributing to its recent price decline.