Why is Eimco Elecon(I) falling/rising?

As of 06-Nov, Eimco Elecon (India) Ltd is experiencing a decline in its stock price, currently at Rs 1,687.35, which reflects a decrease of Rs 61.25 or 3.5%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 10.8% over the past week. Today's trading saw the stock reach an intraday low of Rs 1,658.3, indicating a significant drop of 5.16%. Additionally, Eimco Elecon is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. While there has been a rise in investor participation with a 45.97% increase in delivery volume, the overall performance remains weak, particularly as the stock has underperformed its sector by 1.18%.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.3% over the past week. Over the last month, Eimco Elecon has seen a decline of 7.57%, while the Sensex has gained 1.86%. Year-to-date, the stock is down 17.69%, compared to a 6.62% increase in the Sensex, and it has significantly underperformed over the past year with a drop of 36.42% against the benchmark's modest rise of 3.65%. This stark difference highlights the challenges faced by Eimco Elecon in the current market environment, contributing to its falling stock price.