Why is Equilateral Ent. falling/rising?

As of 18-Sep, Equilateral Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 25.27, which represents a decrease of Rs 1.33 or 5.0%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 7.84% during this period. Today's performance indicates that it has underperformed its sector by 4.75%. Additionally, while the stock's moving averages are higher than the 20-day and 200-day averages, they are lower than the 5-day, 50-day, and 100-day averages. Notably, there has been a significant increase in investor participation, with delivery volume rising by 178.14% against the 5-day average, suggesting heightened interest despite the price decline.
In the broader market context, the stock's performance over the past week shows a decline of 2.02%, contrasting with the Sensex, which has gained 1.80% during the same period. This indicates that Equilateral Enterprises Ltd is not only struggling in isolation but is also lagging behind the overall market trend. The year-to-date performance data for the stock is not available, but the recent underperformance relative to the benchmark highlights a challenging environment for the company amidst a generally positive market backdrop.