Why is Jay Kailash falling/rising?

As of 17-Nov, Jay Kailash Namkeen Ltd's stock price is currently at Rs 42.90, reflecting an increase of Rs 1.8, or 4.38%. The stock has shown a positive performance today, outperforming its sector by 4.05%, and has been on a consecutive gain for the last two days, rising a total of 7.25% during this period. It opened with a significant gain of 7.06% and reached an intraday high of Rs 44. However, it also experienced a low of Rs 40.03, indicating some volatility. Despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 32.23% and a one-year drop of 42.80%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 70.15% against the five-day average, which may indicate waning interest among investors.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.69% over the past week, Jay Kailash Namkeen Ltd has declined by 4.41% in the same period, highlighting its underperformance relative to the broader market. While the stock has shown a positive movement today, its overall year-to-date performance remains significantly lower than the Sensex's 8.72% increase. This contrast suggests that despite today's gains, the stock's long-term outlook is still challenged, reflecting broader market trends and investor sentiment.