Why is Essar Shipping falling/rising?

As of 18-Nov, Essar Shipping Ltd is experiencing a decline in its stock price, currently at 30.72, which reflects a decrease of 0.39 or 1.25%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 7.91% during this period. Additionally, the stock's performance today has underperformed its sector by 0.48%. While the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 15.71% compared to the 5-day average. The stock's year-to-date performance shows a significant decline of 13.00%, contrasting with a positive return of 8.36% for the benchmark.
In the broader market context, the stock's short-term performance over the past week has been notably poor, with a decline of 5.77%, while the Sensex has increased by 0.96%. This stark contrast highlights the stock's struggles relative to the overall market. Over the past year, Essar Shipping has also underperformed the benchmark, with a decline of 15.11% compared to the Sensex's gain of 9.48%. Despite a strong performance over the longer term, with a 258.46% increase over three years, the recent trends indicate a challenging environment for the stock, exacerbated by falling investor interest and liquidity concerns.