Why is Jaipan Industrie falling/rising?

As of 28-Aug, Jaipan Industries Ltd is experiencing a decline in its stock price, currently at Rs 30.26, reflecting a decrease of 3.08 (-9.24%). The stock has underperformed its sector by 8.2% today and has been on a consecutive downward trend for the last two days, accumulating a total drop of 11%. Additionally, the stock has shown a significant decline over various periods, with a 1-week return of -9.54% and a 1-month return of -10.58%. The company's performance metrics indicate that it is trading below all key moving averages, and there has been a notable decrease in investor participation, with delivery volume plummeting by 91.64% compared to the 5-day average. While the stock is trading at a discount relative to its peers, it has also reported weak long-term fundamentals, including a low Return on Capital Employed (ROCE) of 2.89% and poor growth in net sales and operating profit over the past five years.
In the broader market context, Jaipan Industries' recent performance contrasts sharply with the benchmark, as the Sensex has only declined by 2.34% over the same 1-week period. This underperformance is further highlighted by the stock's year-to-date return of -20.89%, while the Sensex has gained 2.48%. The company's financial struggles, including a high Debt to EBITDA ratio and flat results in its latest quarterly report, contribute to a lack of investor confidence, leading to the stock's significant decline. Overall, the combination of weak fundamentals, poor recent performance, and declining investor interest has resulted in Jaipan Industries' stock price falling sharply.