Why is IL&FS Engg. falling/rising?

As of 19-Nov, IL&FS Engineering & Construction Co Ltd is experiencing a decline in its stock price, currently at Rs 25.52, which reflects a decrease of Rs 0.36 or 1.39%. The stock has been underperforming, having lost 3.7% over the last two days and is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock is close to its 52-week low, just 1.84% away from Rs 25.05. The delivery volume has significantly decreased, falling by 98.8% compared to the 5-day average, indicating a drop in investor participation. The stock's year-to-date return is notably poor at -40.79%, and it has underperformed against the benchmark Sensex, which has gained 9.02% over the same period.
In the broader market context, IL&FS Engineering's short-term performance has been disappointing compared to the Sensex, which has increased by 0.85% over the past week while the stock has declined by 5.48%. This stark contrast highlights the challenges faced by IL&FS Engineering in attracting investor interest, particularly as it continues to fall in value amidst a generally positive market environment. The significant drop in delivery volume and the stock's consecutive losses suggest a lack of confidence among investors, further exacerbating its underperformance relative to the benchmark.