Why is Encode Packaging falling/rising?

As of 18-Sep, Encode Packaging India Ltd is experiencing a decline in its stock price, currently at 12.26, which reflects a decrease of 0.63 or 4.89%. The stock has underperformed its sector by 5.23% today, and while it is higher than the 20-day moving average, it is lower than the 5-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown a significant increase in delivery volume, rising by 993.54% against the 5-day average, indicating a rise in investor participation. However, the stock's performance over the past year has been poor, with a decline of 13.96%, contrasting with the Sensex's slight increase of 0.08%.
In the broader market context, the stock has underperformed compared to the Sensex, which has gained 1.80% over the past week, while Encode Packaging has declined by 1.53%. Over the past month, the stock has shown a modest gain of 0.33%, but this is still below the Sensex's 2.14% increase. The year-to-date performance shows a gain of 2.17% for the stock, which is significantly lower than the Sensex's 6.24% rise. Overall, the stock's recent decline can be attributed to its underperformance relative to both its sector and the broader market, alongside a lack of positive factors to support a price increase.