Why is Esconet falling/rising?

As of 29-Aug, Esconet Technologies Ltd is currently priced at 180.10, showing no change (0.00%). The stock has underperformed in the short term, with a 1-week decline of 2.78% compared to the Sensex's decline of 1.78%. However, over the past month, Esconet has seen a slight increase of 1.69%, while the Sensex has decreased by 1.59%. Despite these fluctuations, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. On a positive note, there has been a rise in investor participation, with delivery volume increasing by 17.65% against the 5-day average, suggesting some interest in the stock despite its overall downward trajectory. The positive and negative factors dashboard is unavailable, which limits further insights into specific influences on the stock's movement.
In the broader market context, Esconet's recent performance contrasts with the benchmark, as it has experienced a significant year-to-date decline of 47.73%, while the Sensex has gained 3.31%. This stark difference highlights the challenges faced by Esconet compared to the overall market. The stock's performance today has outperformed its sector by 0.76%, indicating some resilience amid a generally weak performance. However, the overall liquidity remains adequate for trading, as it is based on 2% of the 5-day average traded value, which suggests that while there is some trading activity, the stock's long-term outlook remains concerning given its substantial losses over the year.