Why is Encode Packaging falling/rising?

As of 27-Oct, Encode Packaging India Ltd's stock price is currently at 13.00, reflecting an increase of 0.1 or 0.78%. The stock has shown a positive trend recently, gaining 5.69% over the last two days. However, it underperformed its sector by 0.34% today. In terms of returns, the stock has increased by 10.08% over the past month, while it has seen a decline of 7.14% over the past year. Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, but below its 200-day moving average. Notably, there has been a significant drop in investor participation, with delivery volume falling by 98.4% against the 5-day average, indicating reduced trading activity.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.49% in the past week and 5.41% in the last month, Encode Packaging's performance has been relatively weaker, particularly in the short term. While the stock has outperformed the benchmark over the year-to-date period with an 8.33% increase compared to the Sensex's 8.50%, its longer-term performance has lagged, especially over three and five years. This context suggests that while there are some recent gains, the overall trend and investor sentiment may be cautious, influenced by the significant drop in trading volume and the stock's underperformance relative to its sector today.