Why is Jagatjit Inds. falling/rising?

As of 17-Oct, Jagatjit Industries Ltd is currently priced at 186.10, reflecting a decrease of 1.9, or 1.01%. The stock has been underperforming, having lost 1.79% over the last two days and showing a significant decline of 17.29% over the past month. Although it opened with a gain of 3.09% today and reached an intraday high of Rs 193.8, it has been trading below its moving averages across various timeframes, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume falling by 5.7% compared to the five-day average, suggesting waning interest in the stock.
In the broader market context, Jagatjit Industries has significantly underperformed compared to the Sensex, which has gained 1.76% over the past week while the stock itself has declined by 3.15%. Year-to-date, the stock has fallen 22.46%, contrasting sharply with the Sensex's 7.44% increase. This disparity highlights the challenges faced by Jagatjit Industries in attracting investor confidence amidst a generally positive market environment. The lack of available positive or negative dashboard data further complicates the analysis of specific factors influencing the stock's recent performance.