Why is Jai Corp falling/rising?

As of 18-Sep, Jai Corp Ltd's stock price is currently at 159.70, reflecting a slight decline of -0.1, or -0.06%. The stock has been underperforming, having fallen for the last three days with a total return of -1.99% during this period. Additionally, the stock's performance over the past week shows a decrease of -0.59%, while it has seen a significant increase of +33.98% over the past month. However, it has underperformed the sector by -0.26% today, and the delivery volume has decreased by -26.97% compared to the 5-day average, indicating falling investor participation. The company has a low debt-to-equity ratio and reported positive quarterly results, but it also suffers from poor management efficiency, reflected in a low return on equity (ROE) of 4.23%, and has shown weak long-term growth with net sales growing at only 1.00% annually over the last five years.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has gained +1.80% over the past week. While the stock has generated a negative return of -53.99% over the past year, the broader market has only declined by -1.96%, highlighting a significant underperformance. Institutional investors have also reduced their stake in the company, which may further impact market sentiment negatively. Despite the stock trading at a discount compared to its peers, the combination of low profitability, falling participation, and poor management efficiency suggests ongoing challenges for Jai Corp Ltd in regaining investor confidence.