Why is Jay Ushin falling/rising?

As of 22-Sep, Jay Ushin Ltd's stock price is currently at 793.95, reflecting a decrease of 21.05 points or 2.58%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.66% during this period. Today's trading saw the stock reach an intraday low of Rs 762, indicating a significant drop of 6.5%. Despite this recent downturn, the stock has shown strong performance over longer periods, with a 1-week return of 13.26% and a 1-month return of 15.40%. However, there has been a notable decline in investor participation, with delivery volume plummeting by 96.71% compared to the 5-day average, which may be contributing to the current price decline. The stock is also trading at a discount compared to its peers, which could suggest attractive valuation despite the recent price drop.
In the broader market context, Jay Ushin's recent performance contrasts with the benchmark Sensex, which has only increased by 0.46% over the past week. While the stock has outperformed the benchmark over longer periods, including a 57.34% return over the last three years, the short-term underperformance may be affecting investor sentiment. The stock's liquidity remains adequate for trading, but the significant drop in delivery volume indicates a potential lack of confidence among investors. Overall, while the stock has demonstrated strong long-term performance and attractive valuations, the recent consecutive declines and reduced trading activity are likely contributing to its current downward price movement.