Why is Equilateral Ent. falling/rising?

As of 05-Sep, Equilateral Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 23.00, which reflects a decrease of Rs 1.12 or 4.64%. The stock has underperformed its sector by 3.89% today and has seen a trend reversal after three consecutive days of gains. It opened with a loss of 4.64% and touched an intraday low of Rs 23, indicating a lack of upward momentum. Additionally, the stock's delivery volume has fallen significantly, down 39.32% against the 5-day average, suggesting a decrease in investor participation. The stock is currently trading higher than its 5-day and 200-day moving averages but lower than its 20-day, 50-day, and 100-day moving averages, indicating mixed signals regarding its performance.
In the broader market context, the stock has shown a positive return of 4.55% over the past week, while the benchmark Sensex has only increased by 1.13% during the same period. However, the stock's performance today contrasts sharply with this trend, as it has opened lower and is not maintaining its previous gains. The lack of trading on one day out of the last 20 days also points to erratic trading behavior, which may contribute to the current volatility in the stock price. Overall, while the stock has had a positive short-term return, the recent decline indicates underlying issues affecting investor confidence and participation.