Why is Essen Speciality falling/rising?

As of 25-Jul, Essen Speciality Films Ltd is experiencing a decline in its stock price, currently at 412.55, which reflects a decrease of 11.3 or 2.67%. The stock has underperformed its sector by 1.9% 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 decreased by 6.00%, and in the last month, it has fallen by 6.44%. Despite a remarkable annual return of 213.30%, the company's recent financial performance has been concerning, with a significant drop in profit before tax and profit after tax compared to previous quarters, alongside a low return on capital employed. Additionally, the reduction in promoter stake by 2.01% indicates a potential lack of confidence in the company's future prospects.
In the broader market context, while the Sensex has shown a slight decline of 0.53% over the past week, Essen Speciality's performance has been notably worse, suggesting that the stock's issues are more pronounced than the overall market trends. The stock's year-to-date performance is particularly troubling, with a decline of 39.30% compared to the Sensex's gain of 5.04%. This stark contrast highlights the challenges Essen Speciality is facing, including poor long-term growth and decreasing promoter confidence, which may be contributing to the stock's downward trajectory.