Why is Jay Bharat Maru. falling/rising?

As of 17-Oct, Jay Bharat Maruti Ltd is experiencing a decline in its stock price, currently at Rs 91.80, which reflects a decrease of Rs 3.2 or 3.37%. The stock has underperformed its sector by 2.56% today and has seen a consecutive fall over the last two days, resulting in a total decline of 4.38%. Additionally, the stock's performance over the past week shows a decrease of 5.56%, while it has also underperformed in the one-month period with a decline of 2.24%. Notably, the stock's delivery volume has dropped significantly, falling by 45.88% against the five-day average, indicating a decrease in investor participation. The stock is currently trading above its 100-day and 200-day moving averages but below its 5-day, 20-day, and 50-day moving averages, suggesting mixed technical signals.
Broader market context indicates that while the Sensex has gained 1.76% over the past week, Jay Bharat Maruti Ltd has faced a decline, highlighting its underperformance relative to the broader market. The year-to-date performance shows a modest gain of 5.07% for the stock, compared to a stronger 7.44% increase in the Sensex. This contrast in performance may reflect broader market trends favoring other sectors or companies, while Jay Bharat Maruti Ltd struggles with recent negative momentum and reduced trading activity.