Why is Essen Speciality falling/rising?

As of 17-Oct, Essen Speciality Films Ltd is experiencing a decline in its stock price, currently at Rs 231.65, which reflects a decrease of Rs 12.15 or 4.98%. The stock has underperformed significantly, with a 1-week return of -11.72% and a 1-month return of -21.71%. Today's performance indicates that it is trading lower than all key moving averages, and it is close to its 52-week low, just 1.58% away. Furthermore, there has been a drastic drop in investor participation, with delivery volume falling by 92.01% compared to the 5-day average. The company's financial health is concerning, as it has shown poor long-term growth with an operating profit decline of -14.11% over the past five years, and recent negative results have further exacerbated the situation.
In the broader market context, the stock's performance is starkly contrasted with the Sensex, which has gained 1.68% over the past week. This underperformance is indicative of broader issues within the company, including a very expensive valuation relative to its peers, as evidenced by a Price to Book Value of 3.8. Additionally, the lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in its prospects. The stock has generated a return of -42.33% over the past year, while the benchmark has risen by 3.88%, highlighting the significant challenges Essen Speciality Films Ltd faces in both the short and long term.