Why is Encode Packaging falling/rising?

As of 03-Nov, Encode Packaging India Ltd's stock price is currently at 12.52, reflecting a decrease of 0.63, or 4.79%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 9.21% during this period. Additionally, the stock's performance today has underperformed its sector by 4.57%. In terms of returns, the stock has seen a decline of 3.69% over the past week, while it has gained 4.33% over the past month. However, it has significantly underperformed over the longer term, with a 5-year return of -31.77%. Notably, there has been a drastic drop in investor participation, with delivery volume plummeting by 99.86% against the 5-day average, indicating a lack of interest from investors.
Broader Market Context: In comparison to the benchmark Sensex, which has decreased by only 0.94% over the past week, Encode Packaging's decline is more pronounced. The Sensex has shown a positive return of 3.41% over the past month, while Encode Packaging's performance has been stagnant in the same timeframe. The stock's moving averages indicate a mixed picture, being higher than the 50-day and 100-day averages but lower than the 5-day, 20-day, and 200-day averages, suggesting volatility and uncertainty in its price movement. Overall, the combination of declining investor interest and underperformance relative to both its sector and the broader market contributes to the stock's recent downward trend.