Why is Encode Packaging falling/rising?

As of 04-Jul, Encode Packaging India Ltd is experiencing a decline in its stock price, currently at 12.25, which represents a decrease of 0.58 or 4.52%. The stock has underperformed its sector by 5.63% today and has been on a downward trend, losing 9.12% over the last two days. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, falling by 99.38% against the 5-day average, suggesting a lack of investor interest. Over the past year, the stock has declined by 19.99%, contrasting sharply with the Sensex, which has gained 4.23%.
In the broader market context, while the Sensex has shown a positive return of 3.01% over the past month, Encode Packaging's performance has been negative, with a decline of 1.76% during the same period. This underperformance highlights the stock's struggle relative to the benchmark. The year-to-date performance shows a modest gain of 2.08% for Encode Packaging, but this is significantly lower than the Sensex's 6.77% increase, further emphasizing the stock's challenges in attracting investor confidence and participation.