Why is Jay Kailash falling/rising?

As of 13-Jun, Jay Kailash Namkeen Ltd's stock price is currently at Rs 63.73, reflecting a decline of Rs 3.77 or 5.59%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 11.85% during this period. Today's performance indicates that it has underperformed its sector by 5%. Additionally, the stock's delivery volume has decreased by 6.54% compared to the five-day average, suggesting a decline in investor participation. The stock's performance over the past week shows a significant drop of 12.31%, while its year-to-date return is slightly positive at 0.68%. However, over the past year, it has declined by 6.21%, contrasting with the Sensex, which has gained 5.61%.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, as the Sensex has only declined by 1.30% over the past week. This stark contrast highlights the stock's significant underperformance relative to the market. While the stock is trading above its 50-day and 100-day moving averages, it remains below its 5-day, 20-day, and 200-day moving averages, indicating a bearish trend. The overall liquidity of the stock appears adequate for trading, but the falling investor participation and consecutive price declines suggest a lack of confidence among investors, contributing to the stock's downward trajectory.