Why is Elnet Technolog falling/rising?

As of 20-Jun, Elnet Technologies Ltd is experiencing a decline in its stock price, currently at Rs 333.40, which represents a decrease of Rs 4.45 or 1.32%. The stock has underperformed its sector by 1.98% today, and it reached an intraday low of Rs 326, marking a drop of 3.51%. Additionally, Elnet Technologies is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also seen a significant drop in investor participation, with delivery volume falling by 93.32% compared to the 5-day average. Over the past week, the stock has declined by 4.20%, and it has a year-to-date loss of 18.88%, contrasting sharply with the Sensex's gain of 5.46% during the same period.
In the broader market context, Elnet Technologies' recent performance has been notably weaker than the benchmark index, the Sensex, which has gained 1.59% over the past week and 5.46% year-to-date. This underperformance is further highlighted by the stock's negative returns over the past month and year-to-date, while the Sensex has shown positive returns in both time frames. The lack of available positive or negative factors in the dashboard suggests that there are no significant catalysts driving the stock's movement, reinforcing the notion that the stock is struggling in a generally favorable market environment.