Why is Jay Kailash falling/rising?

As of 02-Jul, Jay Kailash Namkeen Ltd is experiencing a decline in its stock price, currently at Rs 59.99, reflecting a decrease of -1.41 or -2.3%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of -4.02% during this period. It opened the day with a loss of -3.09% and reached an intraday low of Rs 59.5. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a significant drop in investor participation, with delivery volume decreasing by -32.1% compared to the 5-day average, contributing to the stock's downward movement. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock.
In the broader market context, Jay Kailash Namkeen Ltd's short-term performance has been notably poor compared to the benchmark Sensex, which has gained +0.79% over the past week while the stock itself has declined by -2.30%. Over the past month, the stock has dropped -19.48%, contrasting sharply with the Sensex's increase of +2.50%. Year-to-date, the stock is down -5.23%, while the Sensex has risen by +6.75%. This significant underperformance relative to the benchmark suggests that investor sentiment towards Jay Kailash Namkeen Ltd is weak, further exacerbated by the recent trends in trading volume and price movements.