Why is Encode Packaging falling/rising?

As of 01-Sep, Encode Packaging India Ltd is experiencing a decline in its stock price, currently at 11.85, which reflects a decrease of 0.27 or 2.23%. The stock has underperformed its sector by 3.33% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 5.2% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, the stock has seen a significant decline of 26.17%, while its year-to-date performance shows a decrease of 1.25%. There is a notable increase in investor participation, with delivery volume rising by 138.1% against the 5-day average, suggesting some interest despite the overall negative performance. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Encode Packaging's short-term performance has been weaker compared to the benchmark, as it has declined by 2.23% over the past week, while the Sensex has only fallen by 1.56%. This underperformance is further highlighted by the stock's year-to-date return of -1.25%, contrasting with the Sensex's positive return of 2.85%. The significant disparity in returns over various periods, particularly the 1-year decline of 26.17% for Encode Packaging against a slight drop of 2.43% for the Sensex, underscores the challenges faced by the company in the current market environment.