Why is Everest Inds. falling/rising?

As of 28-Oct, Everest Industries Ltd is experiencing a decline in its stock price, currently at Rs 605.15, which reflects a decrease of Rs 11.2 or 1.82%. The stock has underperformed its sector by 2.88% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 8.23% during this period. Additionally, the stock's performance over the past week shows a significant decline of 7.46%, and it has underperformed the benchmark Sensex, which has gained 0.24%. The stock's year-to-date performance is particularly concerning, with a decline of 22.09%, while the Sensex has risen by 8.30%. The stock has also touched an intraday low of Rs 583.1, indicating a challenging trading environment.
Broader Market Context: In the context of the broader market, the Sensex has shown resilience with a positive return of 5.22% over the past month, contrasting sharply with Everest Industries' decline of 11.02% during the same period. This disparity highlights the stock's struggles relative to the overall market performance. Despite a rise in investor participation, as evidenced by a 155.26% increase in delivery volume, the stock's liquidity remains adequate for trading. However, the stock's moving averages indicate mixed signals, being higher than the 100-day and 200-day moving averages but lower than the shorter-term averages, suggesting potential volatility and uncertainty among investors.