Why is Envair Electrody falling/rising?

As of 24-Sep, Envair Electrody Ltd's stock price is currently at Rs 70.10, reflecting a decrease of Rs 2.91, or 3.99%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.63% during this period. It is also trading close to its 52-week low, just 1.57% above that level, and has underperformed its sector by 2.7% today. Furthermore, the stock is trading below all key moving averages, indicating a bearish trend. The delivery volume has significantly decreased, falling by 63.03% compared to the five-day average, suggesting a decline in investor participation.
In the broader market context, Envair Electrody's recent performance contrasts sharply with the benchmark Sensex, which has shown a slight gain of 0.50% over the past month. Over the last week, the stock has declined by 6.99%, while the Sensex has only fallen by 1.18%. Year-to-date, Envair Electrody has experienced a substantial drop of 47.23%, compared to a modest increase of 4.58% for the Sensex. This stark difference highlights the stock's struggles relative to the overall market, contributing to its downward price movement.