Why is Jamna Auto Inds. falling/rising?

As of 23-Jul, Jamna Auto Industries Ltd is currently priced at 96.54, reflecting a slight increase of 0.03 (0.03%). The stock has been gaining over the last three days, with a total return of 1.88% during this period. However, it has underperformed its sector by 0.74% today. Despite this recent uptick, the stock has shown a year-to-date decline of 1.39% and a significant drop of 22.15% over the past year, indicating underlying challenges. Positive factors include high management efficiency with a return on equity (ROE) of 19.10% and a low debt-to-equity ratio, suggesting a stable financial position. Nevertheless, the stock's profits have decreased by 12.2% over the past year, which may contribute to investor caution.
In the broader market context, Jamna Auto Industries Ltd has outperformed the benchmark Sensex in the short term, with a 1-week return of 0.15% compared to the Sensex's 0.11%. However, the stock's year-to-date performance lags behind the Sensex, which has gained 5.87%. The falling investor participation, evidenced by a 31.82% drop in delivery volume compared to the 5-day average, may also indicate a lack of confidence among investors. While the stock is trading above its moving averages, the overall trend suggests that despite recent gains, the long-term outlook remains challenging, particularly in light of its significant declines over the past year and three years.