Why is Jai Mata Glass falling/rising?

As of 17-Oct, Jai Mata Glass Ltd is currently priced at 1.94, reflecting an increase of 0.01 or 0.52%. The stock has shown a trend reversal, gaining after three consecutive days of decline. However, it has underperformed its sector by 1.8% today and is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 1.52%, and it has significantly underperformed on a monthly and year-to-date basis, with declines of 11.01% and 36.18%, respectively. The rising delivery volume suggests increased investor participation, which may be a positive sign for future performance, although no specific positive or negative factors were provided.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.76% over the past week, Jai Mata Glass has lagged behind with its decline. The broader market has shown resilience, with the Sensex also up 1.52% over the past month and 7.44% year-to-date, contrasting sharply with Jai Mata Glass's significant losses. This disparity highlights the challenges the company faces in regaining investor confidence amidst a generally positive market environment.