Why is Encode Packaging falling/rising?

As of 23-Sep, Encode Packaging India Ltd's stock price is flat at 12.42, with no change in percentage terms. The stock has underperformed in the short term, with a 1-week decline of 3.65% compared to a slight drop of 0.34% in the Sensex. Additionally, the stock's performance today has outperformed its sector by 0.86%. However, there is a concerning trend in investor participation, as the delivery volume has plummeted by 99.59% against the 5-day average, indicating reduced interest among investors. The stock is currently trading above its 20-day, 50-day, and 100-day moving averages but below its 5-day and 200-day moving averages, suggesting mixed signals regarding its momentum.
Broader Market Context: In the context of the broader market, Encode Packaging's performance has been lackluster over the past month, with a decline of 2.59%, while the Sensex has gained 0.98%. Year-to-date, the stock has shown a modest increase of 3.50%, but this is overshadowed by a significant 23.62% drop over the past year, contrasting sharply with the Sensex's decline of only 3.33%. The long-term performance also reveals a stark difference, with a 3-year gain of 48.21% compared to the Sensex's 41.31%, yet the 5-year performance shows a substantial decline of 32.50% against the Sensex's impressive 117.96% rise. This broader context highlights the challenges faced by Encode Packaging amidst a generally favorable market environment.