Why is Jagjanani Text. falling/rising?

As of 06-Nov, Jagjanani Textiles Ltd's stock price is currently at 5.85, reflecting an increase of 0.53 or 9.96%. The stock has shown a positive trend today, gaining after two consecutive days of decline. It has outperformed its sector by 11.21%, and there has been a significant rise in investor participation, with delivery volume increasing by 325.31% compared to the 5-day average. Despite a year-to-date decline of 58.06%, the stock has performed well over the last three years with a return of 41.99%. However, it remains below the 50-day, 100-day, and 200-day moving averages, indicating some challenges in sustaining upward momentum.
In the broader market context, the stock's performance over the past week shows a gain of 2.99%, while the benchmark Sensex has declined by 1.30%. This indicates that Jagjanani Textiles Ltd is currently outperforming the market in the short term. However, over the past month, the stock has underperformed, with a decline of 1.52% compared to a 1.86% gain in the Sensex. Overall, while the stock is experiencing a short-term rise, its long-term performance remains significantly negative compared to the broader market trends.