Why is Excellent Wires falling/rising?

As of 04-Aug, Excellent Wires and Packaging Ltd is currently priced at 46.05, showing no change (0.00%). The stock has underperformed its sector by 2.85% today and has been on a consecutive decline, with a 0% return over the last day. Over the past week, the stock has decreased by 4.36%, and it has also fallen 4.26% over the past month. Year-to-date, the stock has seen a significant decline of 23.63%, contrasting with the Sensex, which has gained 4.56%. Additionally, the stock is trading below its moving averages across various timeframes, indicating a bearish trend. There is also a notable decrease in investor participation, with delivery volume dropping by 50% compared to the 5-day average, suggesting reduced interest in the stock.
In the broader market context, Excellent Wires' recent performance has been unfavorable compared to the Sensex, which has risen by 0.17% over the past week. While the benchmark has shown resilience, the stock's year-to-date decline of 23.63% starkly contrasts with the positive performance of the Sensex. This divergence highlights the challenges faced by Excellent Wires in attracting investor confidence, especially given the liquidity status indicating it is only liquid enough for small trade sizes. Overall, the combination of poor stock performance, declining investor interest, and unfavorable comparisons to the benchmark suggests a challenging environment for Excellent Wires and Packaging Ltd.