Why is Jai Mata Glass falling/rising?

As of 05-Sep, Jai Mata Glass Ltd is currently priced at 2.36, reflecting an increase of 0.11 or 4.89%. The stock has been on an upward trend, gaining for the last three days and achieving a total return of 11.32% during this period. Additionally, the stock has outperformed its sector by 5.48%. In terms of performance against benchmarks, the stock has shown a 7.76% increase over the past week, contrasting with a modest 1.13% rise in the Sensex. However, it is important to note that the stock has experienced a decline of 11.61% over the past month and a year-to-date drop of 22.37%. The rising investor participation, indicated by a 16.92% increase in delivery volume, suggests growing interest in the stock, contributing positively to its recent price movement.
Broader Market Context: In the short term, Jai Mata Glass Ltd's performance has significantly outpaced the Sensex, which has only risen by 1.13% over the same week. This indicates that the stock is gaining traction among investors despite its longer-term struggles, as evidenced by its year-to-date performance. The stock's ability to maintain higher returns over three and five-year periods, at 391.67% and 1142.11% respectively, further highlights its potential for recovery and growth compared to the benchmark's more modest gains. Overall, while the stock has faced challenges in the longer term, its recent upward movement and increased investor engagement suggest a positive shift in sentiment.