Why is Euro Leder Fash falling/rising?

As of 28-Oct, Euro Leder Fashion Ltd is experiencing a decline in its stock price, currently at Rs 20.07, which represents a decrease of Rs 1.31 or 6.13%. The stock has been underperforming significantly, with a consecutive fall over the last two days resulting in a total drop of 10.8%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 15.88%, while its year-to-date performance is down by 21.91%. There is also a notable decrease in investor participation, with delivery volume dropping by 51.99% compared to the 5-day average, suggesting a lack of interest from investors.
In the broader market context, the Sensex has shown resilience, gaining 0.24% over the past week and 8.30% year-to-date, contrasting sharply with Euro Leder Fashion's poor performance. This divergence highlights the stock's struggles relative to the overall market, where it has consistently underperformed against the benchmark. The negative sentiment surrounding the stock, compounded by falling investor participation and a lack of positive factors, has contributed to its recent decline.