Why is Essen Speciality falling/rising?

As of 21-Jul, Essen Speciality Films Ltd is experiencing a decline in its stock price, currently at 427.20, which reflects a decrease of 11.7 points or 2.67%. The stock has underperformed its sector by 2.35% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 11.42%, and it has also seen a significant decline of 37.15% year-to-date, despite a remarkable 226.38% increase over the past year. However, the company's recent financial performance has raised concerns, with a negative growth in profit after tax and a low return on capital employed, contributing to a perception of poor long-term growth prospects.
In the broader market context, the Sensex has remained relatively stable, with a slight increase of 0.03% over the past week and a modest gain of 6.12% year-to-date. While Essen Speciality has outperformed the market significantly over the past year, the recent downturn in its stock price contrasts sharply with the benchmark's performance. The decrease in promoter confidence, indicated by a reduction in their stake, further exacerbates the stock's challenges, suggesting a lack of faith in the company's future growth potential.