Why is Esconet falling/rising?

As of 28-Aug, Esconet Technologies Ltd is experiencing a decline in its stock price, currently at 180.10, which reflects a decrease of 2.3 or 1.26%. The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite this, the stock has outperformed its sector by 0.48% today, and there has been a notable increase in investor participation, with delivery volume rising by 16.94% against the 5-day average. However, the stock has shown significant underperformance over the past year, with a year-to-date decline of 47.73%, contrasting sharply with the Sensex, which has gained 3.62% during the same period.
In the broader market context, Esconet's short-term performance has been weaker than the benchmark, with a 1-week return of -4.35% compared to the Sensex's -2.32%. This indicates that while the overall market has faced some challenges, Esconet has struggled even more significantly. The lack of available positive or negative dashboard data limits a comprehensive analysis of specific factors influencing the stock's recent movement, but the overall trend suggests that investor sentiment remains cautious, contributing to the stock's decline.