Why is Euro Leder Fash falling/rising?

As of 14-Nov, Euro Leder Fashion Ltd's stock price is currently at 19.39, reflecting a decrease of 0.05, or 0.26%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 4.01% during this period. Additionally, the stock has underperformed significantly over various time frames, with a year-to-date decline of 24.55% compared to the Sensex's gain of 8.22%. The stock is also trading below its moving averages across multiple time frames, indicating a bearish trend. Furthermore, there has been a notable drop in investor participation, with delivery volume decreasing by 29.04% against the five-day average, suggesting reduced interest in the stock.
In the broader market context, Euro Leder Fashion Ltd's recent performance contrasts sharply with the Sensex, which has gained 1.62% over the past week and 3.09% over the past month. This divergence highlights the stock's struggles relative to the overall market. The company's significant underperformance over the past year and three years, with declines of 20.82% and 12.46% respectively, further emphasizes the challenges it faces in attracting investor confidence. Overall, the combination of declining stock performance, reduced trading volume, and consistent underperformance against the benchmark indicates a challenging environment for Euro Leder Fashion Ltd.