Why is Esaar (India) falling/rising?

As of 24-Oct, Esaar (India) Ltd is experiencing a decline in its stock price, currently at 13.99, which reflects a decrease of 0.28 or 1.96%. The stock has been underperforming, having lost 11.23% over the last six days, and today it underperformed its sector by 1.68%. Despite a strong year-to-date return of 133.17%, the stock's recent performance has been negatively impacted by falling investor participation, with delivery volume dropping by 48.89% compared to the five-day average. Additionally, while the stock is above its 20-day and 200-day moving averages, it is below its 5-day, 50-day, and 100-day moving averages, indicating a bearish trend in the short term.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.31% over the past week, Esaar's stock has declined by 7.66% during the same period. This stark contrast highlights the stock's recent struggles relative to the broader market, despite its impressive long-term performance over one year and three years, where it has outperformed the Sensex significantly. The current market conditions and the stock's recent consecutive falls suggest a challenging environment for Esaar (India) Ltd, contributing to its declining price.