Why is Jayant Infratech falling/rising?

As of 04-Nov, Jayant Infratech Ltd's stock price is currently at Rs 83.79, reflecting an increase of Rs 3.99 or 5.0%. The stock has shown a positive trend recently, gaining 10.25% over the last two days and opening today with a gain of 3.51%. Despite this upward movement, the stock has underperformed in the longer term, with a year-to-date decline of 38.68% and a one-year drop of 29.91%. Additionally, while the stock is 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 significant decrease in investor participation, with delivery volume falling by 74.98% against the 5-day average, which may indicate a lack of sustained interest despite the recent gains.
Broader Market Context: In the short term, Jayant Infratech's performance has outpaced the benchmark Sensex, which has declined by 1.38% over the past week while the stock itself has fallen by 1.93%. However, over the past month, the stock has significantly outperformed the Sensex, rising by 21.47% compared to the benchmark's 2.77% increase. This contrast highlights the stock's volatility and potential for recovery in the short term, even as it faces challenges in the longer-term performance metrics.