Why is Jagan Lamps falling/rising?

As of 12-Sep, Jagan Lamps Ltd is experiencing a decline in its stock price, currently at 79.00, which reflects a decrease of 0.17 or 0.21%. The stock has underperformed its sector by 0.95% today, and while it is higher than the 5-day, 20-day, and 100-day moving averages, it remains lower than the 50-day and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with a delivery volume of 1.01 k on 11 Sep, which is down by 67.25% compared to the 5-day average. The stock has shown a year-to-date decline of 17.32%, indicating ongoing challenges despite a strong performance over the longer term, such as a 359.30% increase over the past five years.
In the broader market context, Jagan Lamps' short-term performance has been notably weaker than the benchmark, with a 1-week return of 0.36% compared to the Sensex's 1.48%. This underperformance is further highlighted by the stock's negative returns over the past month and year, contrasting sharply with the Sensex's positive trajectory. The overall market sentiment appears to favor broader indices, which may be contributing to the stock's struggles, as indicated by its declining investor interest and liquidity concerns.