Why is Jaihind Synth falling/rising?

As of 18-Nov, Jaihind Synthetics Ltd is experiencing a decline in its stock price, currently at Rs 47.80, which reflects a decrease of Rs 5.1 or 9.64%. The stock has underperformed significantly today, opening with a loss of 9.92% and touching an intraday low of Rs 47.65. Additionally, the stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also seen a drastic drop of 97.61% compared to the 5-day average, suggesting falling investor participation. Over the past week, the stock has declined by 11.48%, while its performance over the last month shows a decrease of 4.40%. Year-to-date, the stock is down by 0.42%, contrasting sharply with the benchmark Sensex, which has gained 8.36% over the same period.
In the broader market context, the stock's recent performance is notably poor compared to the Sensex, which has increased by 0.96% over the past week and 0.86% over the past month. This underperformance highlights the stock's struggles in a generally positive market environment. The significant drop in trading volume and the erratic trading pattern, where the stock did not trade on 3 out of the last 20 days, further emphasize the lack of investor confidence. Overall, the combination of negative price movements, declining investor participation, and the stock's inability to keep pace with the benchmark suggests a challenging situation for Jaihind Synthetics Ltd.