Why is Jay Kailash falling/rising?

As of 15-Oct, Jay Kailash Namkeen Ltd's stock price is currently at Rs 49.30, reflecting an increase of Rs 1.3 or 2.71%. The stock has shown a positive performance today, outperforming its sector by 1.56%. However, the trading has been erratic, with the stock not trading on one day out of the last 20 days. It reached an intraday high of Rs 49.3 but also saw a low of Rs 45, indicating volatility. The stock's recent returns show a 4.87% increase over the past week and a 6.94% increase over the past month, although it has significantly underperformed on a year-to-date basis with a decline of 22.12%. There is a notable decrease in investor participation, with delivery volume falling by 80.77% against the 5-day average, which may contribute to the stock's recent price movements.
In the broader market context, the stock has outperformed the Sensex over the past week and month, where the benchmark index has only increased by 1.02% and 1.00%, respectively. However, on a year-to-date basis, while the stock has declined, the Sensex has risen by 5.72%, indicating that the stock is lagging behind the overall market performance. The stock's moving averages suggest that while it is performing better than the 5-day and 20-day averages, it remains below the longer-term averages, which could signal a lack of sustained upward momentum. Overall, the combination of recent volatility, declining investor participation, and underperformance relative to the benchmark may be influencing the stock's price movements.