Why is Elnet Technolog falling/rising?

As of 24-Sep, Elnet Technologies Ltd's stock price is currently at Rs 383.00, reflecting a decrease of 2.95 points or 0.76%. The stock opened with a gain of 2.99% today, reaching an intraday high of Rs 397.5, but subsequently fell to a low of Rs 375. The weighted average price indicates that more volume was traded closer to the low price, suggesting selling pressure. Additionally, the delivery volume has decreased by 17.79% compared to the 5-day average, indicating falling investor participation. The stock has shown a negative performance over the past week and month, with declines of 1.52% and 1.73%, respectively, while it has performed positively over the past year with a gain of 4.76%.
In the broader market context, the Sensex has experienced a slight decline of 1.18% over the past week, which is less than Elnet's decline, indicating that the stock is underperforming relative to the benchmark. Year-to-date, Elnet's performance is significantly negative at -6.81%, contrasting with the Sensex's positive return of 4.58%. This underperformance may be contributing to the stock's recent price movement, as investors appear to be reacting to both the stock's declining participation and its relative weakness compared to the broader market.