Why is Jai Mata Glass falling/rising?

As of 01-Jul, Jai Mata Glass Ltd's stock price is currently at Rs. 1.55, reflecting an increase of Rs. 0.03 or 1.97%. Despite this uptick, the stock has recently underperformed, hitting a new 52-week low of Rs. 1.45 today. The stock has shown significant declines over various periods, with a 1-week return of -9.88%, a 1-month return of -36.99%, and a year-to-date return of -49.01%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 406.41% against the 5-day average, suggesting some renewed interest in the stock.
In the broader market context, the Sensex has gained 2.00% over the past week, contrasting sharply with Jai Mata Glass's decline. This underperformance highlights the stock's struggles relative to the benchmark index. While the glass sector overall has seen a gain of 4.82%, Jai Mata Glass's performance has lagged behind, underperforming its sector by 2.85%. The significant drop in stock price over the last month and year-to-date indicates a challenging environment for the company, despite the recent uptick in price and increased trading volume.