Why is Essen Speciality falling/rising?

As of 19-Sep, Essen Speciality Films Ltd is experiencing a decline in its stock price, currently at 304.50, reflecting a decrease of 2.25 or 0.73%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 54.04% compared to the 5-day average. Over the past week, the stock has decreased by 11.06%, and its performance over the past month shows a substantial decline of 26.75%. The company has reported poor long-term growth, with operating profit decreasing at an annual rate of 14.11% over the last five years, and recent financial results indicate a significant drop in both profit before tax and profit after tax compared to previous quarters.
Broader Market Context: In contrast to the stock's performance, the Sensex has shown a positive return of 0.85% over the past week and 1.39% over the past month, highlighting a divergence between the stock and the broader market. The company's low debt-to-equity ratio may suggest financial stability; however, the lack of investment from domestic mutual funds, which hold 0% of the company, raises concerns about investor confidence. The stock's high valuation, trading at a premium compared to its peers, coupled with a return of only 3.49% over the past year against a backdrop of falling profits, further underscores the challenges facing Essen Speciality Films Ltd in the current market environment.