Why is Elango Industrie falling/rising?

As of 17-Nov, Elango Industries Ltd's stock price is currently at 11.43, reflecting a decrease of 0.22, or 1.89%. The stock has underperformed its sector today by 1.53%, and it has shown erratic trading patterns, not trading on one day out of the last twenty. Additionally, the delivery volume has significantly dropped by 98.96% compared to the five-day average, indicating a decline in investor participation. Over the past week, the stock has decreased by 5.69%, while it has increased by 6.23% over the past month. However, year-to-date, the stock is down 3.79%, and it has underperformed the benchmark Sensex, which has gained 8.72% during the same period.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has risen by 1.69% over the past week. This underperformance highlights a lack of investor confidence in Elango Industries compared to the overall market. The stock's moving averages indicate that while it is currently above the 50-day, 100-day, and 200-day averages, it is below the 5-day and 20-day averages, suggesting a short-term downward trend. Overall, the combination of falling investor participation and the stock's inability to keep pace with the benchmark likely contributes to its recent price decline.