Why is Jagan Lamps falling/rising?

As of 15-Jul, Jagan Lamps Ltd is currently priced at 79.40, reflecting an increase of 0.97, or 1.24%. The stock has been gaining for the last three days, with a total return of 2.24% during this period. However, it has underperformed its sector by 0.42% today. Over the past week, the stock has seen a decline of 1.96%, while it has performed better over the past month with an increase of 11.83%. Despite these recent gains, the stock is down 16.90% year-to-date and 20.95% over the past year. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 28.45% compared to the five-day average, indicating a potential concern regarding liquidity and interest in the stock.
In the broader market context, Jagan Lamps has underperformed the Sensex over the past week, which has declined by 1.36%. However, the stock's performance over the past month significantly outpaces the benchmark, which has only increased by 1.79%. While the stock has shown some positive movement recently, the overall year-to-date and one-year performance remains weak compared to the Sensex, which has gained 5.67% and 2.36% respectively. The stock's moving averages indicate that it is currently above the shorter-term averages but below the longer-term 200-day average, suggesting mixed signals regarding its trend. Overall, the combination of recent gains, declining investor participation, and underperformance relative to the benchmark contributes to a complex picture of Jagan Lamps' stock movement.