Why is Everest Inds. falling/rising?

As of 10-Nov, Everest Industries Ltd is experiencing a decline in its stock price, currently at Rs 574.60, which reflects a decrease of Rs 9.2 or 1.58%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 3.87% over the past week. Additionally, the stock's performance over the last month shows a significant drop of 15.37%, while year-to-date returns are down by 26.03%. The stock is currently trading higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 42.35% compared to the 5-day average.
In the broader market context, the Sensex has shown a slight decline of 0.53% over the past week, indicating that the market is generally weak but not as significantly as Everest Industries Ltd. The company's performance is starkly contrasted with the benchmark, as it has underperformed the Sensex, which has gained 1.25% over the past month. This underperformance highlights the challenges faced by Everest Industries Ltd, particularly in the context of a broader market that is not experiencing the same level of decline. Overall, the combination of falling investor participation and significant losses in both short-term and long-term returns contributes to the stock's recent downward movement.