Why is Jaihind Synth falling/rising?

As of 15-Jul, Jaihind Synthetics Ltd is experiencing a decline in its stock price, currently at Rs 63.00, which represents a decrease of Rs 1.9 or 2.93%. The stock has been underperforming, having lost 4.47% over the last two days and underperformed its sector by 4.11% today. Despite this recent downturn, the stock has shown strong performance over longer periods, with a 37.28% increase over the past month and a remarkable 121.83% rise over the past year. However, there has been a significant drop in investor participation, with delivery volume falling by 78.22% compared to the 5-day average, which may indicate waning interest among investors.
In the broader market context, while Jaihind Synthetics has outperformed the Sensex in various time frames, including a 3-year return of 183.15% compared to the Sensex's 53.59%, the stock's recent performance contrasts sharply with the benchmark's 1-week decline of 1.36%. This suggests that while the company has shown strong growth historically, the current market sentiment may be affecting its short-term price movement negatively. The stock's trading above its moving averages indicates a potential for recovery, but the recent drop in trading volume and consecutive price falls could be contributing to the current downward trend.