Why is Elango Industrie falling/rising?

As of 24-Sep, Elango Industries Ltd is experiencing a decline in its stock price, currently at 10.01, which reflects a decrease of 0.2 or 1.96%. The stock has underperformed its sector today by 0.99% and has shown erratic trading patterns, not trading on one day out of the last 20. Additionally, Elango Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.67%, while it has gained 3.62% over the last month. However, it has a concerning year-to-date return of -15.74% and a one-year return of -12.50%. The company's weak long-term fundamental strength, indicated by operating losses and a poor EBIT to interest ratio of -0.23, contributes to its negative performance. Furthermore, the stock's low profitability, as shown by a return on equity of only 0.76%, and its negative EBITDA status make it a risky investment.
In the broader market context, Elango Industries' recent performance contrasts with the benchmark Sensex, which has decreased by only 1.18% over the past week and increased by 0.50% over the last month. This indicates that while the stock is underperforming relative to the market, it has also struggled significantly over the longer term, underperforming the BSE500 across various time frames. The rising investor participation, as evidenced by a 55.21% increase in delivery volume on September 22, may suggest some interest, but the overall sentiment remains negative due to the company's financial challenges and poor historical performance.