Why is Jayant Infratech falling/rising?

As of 04-Sep, Jayant Infratech Ltd's stock price is currently at Rs 86.01, reflecting an increase of Rs 2.8 or 3.36%. The stock has shown a positive trend recently, gaining 5.55% over the last two days and opening with a gain of 3.35% today. Despite this upward movement, the stock has underperformed over the past week with a decline of 2.27%, and it has a significant year-to-date drop of 37.06%. Additionally, while the stock is currently trading above its 20-day, 50-day, and 100-day moving averages, it remains below its 5-day and 200-day moving averages. Notably, there has been a decrease in investor participation, with delivery volume falling by 37.5% compared to the 5-day average, which may indicate waning interest despite the recent price increase.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.80% over the past week, Jayant Infratech's decline of 2.27% highlights its underperformance in the short term. However, the stock has outperformed its sector by 4% today, suggesting some positive sentiment among investors despite the broader market trends. Over the past month, the stock has shown a positive return of 4.89%, contrasting with the Sensex's slight decline of 0.37%. This mixed performance indicates that while there are moments of strength, the overall trend for Jayant Infratech remains challenging, particularly when viewed against the backdrop of its significant losses over the year and three-year periods.