Why is Jay Shree Tea falling/rising?

As of 03-Jul, Jay Shree Tea & Industries Ltd is experiencing a decline in its stock price, currently at 112.65, reflecting a decrease of 0.55 or 0.49%. The stock has underperformed its sector by 0.31% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 0.97% during this period. Despite showing positive financial results over the last three quarters, including a significant growth in PAT and net sales, the stock's performance has been hindered by a weak long-term fundamental strength, characterized by operating losses and a high debt-to-EBITDA ratio. Additionally, the stock has generated a negative return of 3.51% over the past year, further contributing to its recent price movement.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark, with a 1-week return of 1.67% compared to a decline of 0.62% in the Sensex. However, the stock has consistently underperformed against the benchmark over the last three years, which may be affecting investor sentiment. The falling investor participation, as indicated by a significant drop in delivery volume, suggests a lack of confidence among traders, which could be contributing to the stock's current downward trajectory. Overall, while the company has shown some positive financial indicators, the combination of weak long-term growth prospects and recent performance trends has led to the stock's decline.