Why is Encode Packaging falling/rising?

As of 04-Sep, Encode Packaging India Ltd is currently priced at 11.99, reflecting an increase of 0.34 or 2.92%. Despite this uptick, the stock has shown a negative performance over the past week and month, with declines of 4.08% and 4.77%, respectively. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a notable rise in investor participation, with delivery volume increasing by 65.28% against the 5-day average, suggesting a growing interest in the stock. Unfortunately, the positive and negative factors dashboard is not available to provide additional insights into the stock's recent movement.
In the broader market context, while the Sensex has gained 0.80% over the past week, Encode Packaging's performance has lagged significantly, contributing to its overall decline of 4.08%. The stock's year-to-date performance is nearly flat at -0.08%, contrasting with the Sensex's positive return of 3.30%. Over the past year, Encode Packaging has underperformed the benchmark, with a decline of 26.22% compared to the Sensex's modest drop of 1.98%. This underperformance relative to the benchmark highlights the challenges the company faces in the current market environment.