Why is Elantas Beck falling/rising?

As of 19-Sep, Elantas Beck India Ltd's stock price is currently at 10,130.05, reflecting an increase of 19.95 (0.2%). The stock has shown a trend reversal today, gaining after three consecutive days of decline, and opened with a gain of 3.2%. It reached an intraday high of Rs 10,434. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has underperformed with a return of -2.64%, and year-to-date, it has declined by 20.86%. While the company exhibits high management efficiency with a return on equity (ROE) of 16.20% and a low debt-to-equity ratio, it has faced challenges such as flat results in June and a significant drop in profits over the past year, which may contribute to its recent volatility.
In the broader market context, the Sensex has gained 0.88% over the past week, contrasting with Elantas Beck's decline. The stock's performance has lagged behind the benchmark, with a year-to-date return of -20.86% compared to the Sensex's 5.74% gain. This underperformance is notable, especially given that the stock has generated a return of -14.87% over the past year while the broader market has only declined by -0.67%. The rising investor participation, indicated by a significant increase in delivery volume, suggests some renewed interest, but the overall market sentiment remains cautious due to the company's recent financial performance and valuation concerns.