Why is Jai Mata Glass falling/rising?

As of 11-Sep, Jai Mata Glass Ltd's stock price is currently at 2.37, reflecting an increase of 0.11 or 4.87%. The stock has shown a positive trend today, gaining after two consecutive days of decline. It has outperformed its sector by 4.79%. However, despite this recent uptick, the stock has experienced a significant decline over the past month, down 11.24%, and a year-to-date drop of 22.04%. Notably, the delivery volume has decreased by 43.35% compared to the 5-day average, indicating falling investor participation. The stock's moving averages indicate it is performing better than the shorter-term averages but remains below the 200-day moving average, suggesting mixed signals regarding its longer-term performance.
In the broader market context, the stock's short-term performance over the past week shows a gain of 5.33%, which is significantly higher than the Sensex's increase of 1.03% during the same period. This indicates that while Jai Mata Glass is currently experiencing a rise, it has struggled in the longer term compared to the benchmark, with a year-over-year return of -16.55% against a minimal gain of 0.03% for the Sensex. The contrasting performance highlights the stock's volatility and the challenges it faces in maintaining investor confidence amidst declining participation and liquidity concerns.