Why is Essen Speciality falling/rising?

As of 24-Sep, Essen Speciality Films Ltd is experiencing a slight decline in its stock price, currently at 304.70, reflecting a decrease of 0.5 or 0.16%. The stock's performance today is in line with its sector, although it is trading higher than its 5-day moving averages but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 2.97%, contrasting with a negative return of 25.10% over the last month. Despite a low debt-to-equity ratio, the company has faced significant challenges, including a poor long-term growth rate in operating profit and disappointing quarterly results, which have contributed to its recent price decline.
In the broader market context, while the Sensex has experienced a slight gain of 0.75% over the past month, Essen Speciality's performance has been notably weaker, with a year-to-date decline of 55.17%. This stark contrast suggests that investor sentiment towards Essen Speciality is more negative compared to the overall market. Additionally, the lack of domestic mutual fund investment in the company may indicate a lack of confidence among institutional investors, further impacting its stock price. Overall, the combination of poor financial performance, high valuation relative to peers, and low institutional interest has contributed to the stock's downward movement.