Why is Ekansh Concept falling/rising?

As of 06-Nov, Ekansh Concepts Ltd is experiencing a decline in its stock price, currently at Rs 237.00, which reflects a decrease of Rs 2.75 or 1.15%. The stock has underperformed its sector by 1.24% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.93% during this period. Despite touching an intraday high of Rs 249.3, it also reached a low of Rs 227.8, indicating significant volatility. The stock's performance over the past week shows a modest gain of 0.74%, while its year-to-date return stands impressively at 62.33%. However, there has been a notable drop in investor participation, with delivery volume falling by 42.55% compared to the five-day average, which may contribute to the current price decline.
In the broader market context, the Sensex has declined by 1.30% over the past week, suggesting that the overall market sentiment may be affecting Ekansh Concepts Ltd as well. While the stock has shown strong long-term performance, with a remarkable 451.80% increase over three years, the recent short-term movements indicate a struggle against both sector performance and market trends. The stock's current trading liquidity appears adequate, but the recent drop in delivery volume could signal waning investor interest, further pressuring the stock price.