Why is Jaihind Synth falling/rising?

As of 11-Sep, Jaihind Synthetics Ltd is experiencing a decline in its stock price, currently at Rs 55.10, which represents a decrease of 2.9 or 5.0%. The stock has underperformed its sector by 4.71% today and opened with a loss of 5%. It touched an intraday low of Rs 55.1 and has traded within a narrow range of Rs 0.1. Despite this decline, the stock has shown strong performance over the longer term, with a year-to-date increase of 14.79% and a remarkable 206.11% rise over the past three years. However, it is currently trading lower than the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains above the 200-day moving average. There is a notable increase in investor participation, with delivery volume rising by 249.54% against the 5-day average, indicating some interest despite the price drop.
In the broader market context, the stock's performance over the past week and month has been negative, with a decline of 8.17% in both periods, while the benchmark Sensex has increased by 1.03% and 1.17%, respectively. This underperformance relative to the benchmark suggests that market sentiment may be unfavorable towards Jaihind Synthetics Ltd at this time. The liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value, which supports its ability to attract trades despite the current price decline. Overall, the combination of recent price movements, underperformance against the sector, and fluctuating investor interest contributes to the stock's current downward trend.