Why is Elixir Capital falling/rising?

As of 08-Oct, Elixir Capital Ltd's stock price is currently at 125.00, reflecting a decline of 7.35, or 5.55%. The stock has been underperforming, having lost 8.83% over the last two days and is currently trading below its moving averages for the 200-day period. Additionally, the stock has seen a significant drop in investor participation, with delivery volume decreasing by 31.44% compared to the 5-day average. In terms of performance against benchmarks, the stock has shown a year-to-date decline of 62.93%, contrasting sharply with the Sensex's gain of 4.65% during the same period.
In the short term, Elixir Capital's performance over the past week has been positive at +1.92%, outperforming the Sensex, which gained only 0.98%. However, the broader context reveals that despite this recent uptick, the stock's long-term performance remains concerning, with a 1-year decline of 16.08% compared to the Sensex's marginal gain of 0.17%. This juxtaposition indicates that while there may be short-term fluctuations, the overall trajectory for Elixir Capital is downward, influenced by falling investor interest and significant losses year-to-date.