Why is Jagsonpal Fin. falling/rising?

As of 28-Oct, Jagsonpal Finance & Leasing Ltd is experiencing a decline in its stock price, currently at Rs 72.87, which reflects a decrease of Rs 3.83 or 4.99%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 11.13% during this period. Despite opening with a gain of 4.63% today and reaching an intraday high of Rs 80.25, it ultimately closed at its day's low. The stock has shown mixed performance over different time frames, with a notable year-to-date decline of 37.36%, although it has gained 14.29% over the past month. The recent trading activity indicates increased investor participation, with delivery volume rising significantly, suggesting some interest despite the overall downward trend.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 0.24% over the past week and 5.22% over the past month. This underperformance relative to the benchmark highlights the challenges faced by Jagsonpal Finance & Leasing Ltd, particularly in the short term. The stock's liquidity appears adequate for trading, but the persistent decline and the significant gap between its recent highs and lows indicate volatility and uncertainty among investors. Overall, while there are signs of rising participation, the stock's continued fall suggests a lack of confidence in its near-term prospects compared to the broader market.