Why is Edvenswa Enter falling/rising?

As of 15-Sep, Edvenswa Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 47.71, which reflects a decrease of Rs 1.29 or 2.63%. Today's price summary indicates that the stock has underperformed its sector by 2.76% and has seen a trend reversal after three consecutive days of gains. The stock touched an intraday low of Rs 47.55, and while it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. Despite a significant rise in delivery volume, which increased by 124.16% against the 5-day average, the stock's year-to-date performance shows a substantial decline of 19.90%, and it has underperformed the benchmark Sensex over the past year with a return of -42.75%.
In the broader market context, Edvenswa Enterprises Ltd's short-term return of +4.88% over the past week outpaces the Sensex's return of +1.24%, indicating some positive momentum relative to the market. However, the stock's long-term performance remains concerning, with a year-to-date decline of nearly 20% and a one-year drop of 42.75%. Despite these challenges, the company has demonstrated strong fundamentals, including a healthy growth rate in net sales and operating profit, alongside positive quarterly results for the last nine quarters. The low debt-to-equity ratio and attractive valuation metrics suggest potential for recovery, but the current price movement reflects investor caution amid recent performance trends.