Why is Jayaswal Neco falling/rising?

As of 22-Jul, Jayaswal Neco Industries Ltd is experiencing a decline in its stock price, currently at Rs 35.92, which reflects a decrease of -1.7 or -4.52%. The stock has been underperforming significantly, having fallen consecutively for the last four days, resulting in a total decline of -31.5% during this period. Despite opening with a gain of 2.05% today and reaching an intraday high of Rs 38.39, it also touched a low of Rs 34.91, indicating high volatility with an intraday fluctuation of 5.93%. Over the past week, the stock has dropped -25.94%, while its performance over the last month shows a decline of -7.54%. Although the company has reported positive operating profit growth and attractive valuations, these factors have not translated into positive stock performance recently.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with the Sensex only declining -0.47% over the same week. While Jayaswal Neco's long-term growth prospects appear healthy, as evidenced by a substantial increase in operating profit and positive quarterly results, the current market sentiment and recent price movements suggest a lack of investor confidence. The stock's performance has been hindered by its underperformance relative to the sector and the broader market, leading to a negative outlook despite its strong fundamentals.