Why is Envair Electrody falling/rising?

As of 23-Sep, Envair Electrody Ltd's stock price is currently at Rs 73.01, reflecting a decrease of Rs 1.99, or 2.65%. The stock has been underperforming, having lost 3.79% over the last two days and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, investor participation has significantly declined, with delivery volume dropping by 85.46% compared to the 5-day average. The stock's performance over the past week shows a decline of 3.62%, and it has experienced a substantial year-to-date drop of 45.04%, indicating ongoing challenges for the company.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, contrasting with Envair Electrody's more pronounced drop. While the benchmark has gained 5.07% year-to-date, Envair's significant underperformance of 45.04% highlights the stock's struggles relative to the market. This disparity suggests that while the overall market may be stabilizing or improving, Envair Electrody is facing specific challenges that are negatively impacting its stock price.