Why is Jay Kailash falling/rising?

As of 14-Jul, Jay Kailash Namkeen Ltd's stock price is currently at Rs 58.75, reflecting a decrease of Rs 1.7 or 2.81%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 4.39%. It opened with a loss today, trading flat at Rs 58.75 throughout the session. Over the past week, the stock has decreased by 3.67%, and on a monthly basis, it has dropped by 7.81%. Additionally, it is trading below all key moving averages, indicating a bearish trend. While there has been a notable increase in delivery volume, rising by 193.1% against the five-day average, the overall sentiment remains negative, with no positive factors reported to counterbalance the stock's decline.
In the broader market context, the stock's performance has been significantly weaker compared to the benchmark Sensex, which has shown a decline of only 1.42% over the past week. Year-to-date, Jay Kailash has decreased by 7.19%, while the Sensex has gained 5.27%. This stark contrast highlights the stock's struggles in a generally improving market environment. The lack of positive developments and the recent erratic trading behavior further contribute to the stock's downward trajectory, suggesting that investor sentiment is currently unfavorable.