Why is Elnet Technolog falling/rising?

As of 23-Sep, Elnet Technologies Ltd is experiencing a price increase, currently at 385.95, reflecting a change of 2.35 (0.61%) upward. The stock has outperformed its sector by 1.2% today, although it is currently trading above its 50-day, 100-day, and 200-day moving averages, while being below its 5-day and 20-day moving averages. Despite this positive movement, there has been a notable decline in investor participation, with delivery volume dropping by 39.07% compared to the 5-day average. Year-to-date, the stock has seen a decline of 6.09%, contrasting with a 5.07% increase in the Sensex, indicating some challenges in the stock's performance relative to the broader market.
Broader Market Context: In the short term, Elnet Technologies has underperformed the benchmark Sensex over the past week, with a return of -1.67% compared to the Sensex's -0.34%. However, over the past year, the stock has shown a positive return of 4.44%, while the Sensex has declined by 3.33%. This suggests that while the stock is currently facing some headwinds, it has performed better than the market over a longer timeframe, particularly in the 3-year and 5-year periods, where it has significantly outpaced the benchmark.