Why is Evans Electric falling/rising?

As of 10-Nov, Evans Electric Ltd is experiencing a decline in its stock price, currently at Rs 155.10, which reflects a decrease of Rs 4.9 or 3.06%. The stock has underperformed its sector by 0.35% today and has shown erratic trading patterns, not trading on one day out of the last twenty. Additionally, it has touched an intraday low of Rs 155.1. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 6.57%, and its year-to-date performance shows a significant decline of 13.91%, contrasting sharply with the Sensex, which has gained 6.91% during the same period. There is also a notable drop in investor participation, with delivery volume falling by 28.57% compared to the 5-day average.
In the broader market context, the stock's recent performance has been significantly worse than the benchmark, as evidenced by its 1-week return of -6.57% compared to the Sensex's -0.53%. This stark contrast highlights the challenges faced by Evans Electric in the current market environment. The overall trading in the sector has also decreased by 2.74%, suggesting a broader downturn that may be affecting investor sentiment. The lack of positive factors reported further compounds the negative outlook for the stock, contributing to its current downward trajectory.