Why is Jagjanani Text. falling/rising?

As of 13-Oct, Jagjanani Textiles Ltd's stock price is currently at Rs. 5.58, reflecting a decrease of Rs. 0.12, or 2.11%. The stock has recently hit a new 52-week low of Rs. 5.21, indicating significant downward pressure. It has underperformed its sector by 1.73% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 74.15% compared to the 5-day average. The stock has also experienced substantial losses over the year, with a year-to-date decline of 60.00% and a one-year drop of 59.27%.
In the broader market context, while the Sensex has shown a slight gain of 0.66% over the past week, Jagjanani Textiles has seen a decline of 6.06% in the same period, highlighting its underperformance relative to the benchmark. The stock's long-term performance has been more favorable, with a 3-year return of 59.89% and a 5-year return of 1038.78%, but the recent trends indicate a troubling short-term outlook. The significant drop in delivery volume and consistent underperformance against the sector suggest that investor sentiment is currently negative, contributing to the stock's decline.