Why is Race Eco falling/rising?

As of 18-Nov, Race Eco Chain Ltd is experiencing a decline in its stock price, currently at Rs 172.05, which reflects a decrease of Rs 7.85 or 4.36%. The stock has underperformed significantly, with a one-week return of -6.29% and a one-month return of -25.76%, indicating a substantial drop in value compared to the benchmark Sensex, which has gained 0.96% over the same week and 0.86% over the month. Additionally, the stock is trading close to its 52-week low, just 0.87% away from Rs 170.55, and has consistently underperformed its sector by 3.8%. The stock is also trading below all key moving averages, which suggests a bearish trend. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 34.34% against the five-day average, indicating a lack of interest from investors.
Broader Market Context: In the context of the broader market, Race Eco Chain Ltd's performance has been significantly worse than the Sensex, which has shown positive returns year-to-date at 8.36% and over the past year at 9.48%. This stark contrast highlights the challenges faced by Race Eco, as it has seen a year-to-date decline of 55.43% and a one-year decline of 52.50%. The overall market appears to be on a positive trajectory, while Race Eco's persistent underperformance suggests company-specific issues that are not aligned with the broader market trends.