Why is Encode Packaging falling/rising?

As of 22-Sep, Encode Packaging India Ltd is experiencing a decline in its stock price, currently at 12.42, reflecting a decrease of 0.08 or 0.64%. The stock has underperformed its sector by 0.36% today, and there has been a significant drop in investor participation, with delivery volume falling by 81.57% compared to the 5-day average. While the stock's performance over the past week shows a modest increase of 0.81%, it has declined by 2.59% over the past month and has a year-to-date gain of 3.50%. However, the stock has seen a substantial year-over-year decline of 21.74%, indicating ongoing challenges despite some longer-term gains over three years.
In the broader market context, the Sensex has outperformed Encode Packaging, with a 1-week return of 0.46% compared to the stock's 0.81% gain. Over the past month, the benchmark has increased by 1.05%, contrasting with the stock's decline. This underperformance relative to the benchmark, combined with the falling investor participation and the stock's position below the 5-day and 200-day moving averages, suggests a lack of momentum and confidence among investors, contributing to the stock's recent downward movement.