Why is Essen Speciality falling/rising?

As of 18-Sep, Essen Speciality Films Ltd has experienced a price increase, currently trading at 306.75, reflecting a rise of 10.85 or 3.67%. Despite this positive movement today, the stock has shown a significant decline over the past week and month, with returns of -8.21% and -26.83%, respectively. The stock is currently trading below its moving averages across multiple time frames, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 125.76% compared to the 5-day average. The company maintains a low debt-to-equity ratio, which is a positive factor, but it faces challenges with poor long-term growth, as evidenced by a -14.11% annual decline in operating profit over the last five years.
In the broader market context, while Essen Speciality Films Ltd has outperformed its sector today, it has underperformed compared to the Sensex over the past week and month, which saw gains of +1.67% and +2.20%, respectively. The stock's long-term performance has been concerning, with a year-to-date decline of -54.87%, contrasting sharply with the Sensex's +7.52% return. The company's valuation appears expensive relative to its peers, and the lack of domestic mutual fund investment may indicate a lack of confidence in its future prospects. Overall, while there is a short-term uptick in price, the underlying fundamentals suggest significant challenges ahead for Essen Speciality Films Ltd.