Why is Jayshree Chem. falling/rising?

As of 11-Sep, Jayshree Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 7.10, which represents a decrease of 0.35 or 4.7%. The stock has underperformed significantly, with a 1-week return of -2.20% and a 1-month return of -6.33%. Today's performance indicates that the stock is trading lower than all its moving averages, and it is also close to its 52-week low, being only 4.23% away from Rs 6.80. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 29.83% compared to the 5-day average. The company's fundamentals are weak, highlighted by operating losses and a negative EBITDA, which contribute to its classification as a strong sell.
In the broader market context, the stock's performance contrasts sharply with the benchmark, as the Sensex has gained 1.03% over the past week and 1.17% over the past month. This consistent underperformance against the benchmark, along with a poor long-term growth outlook and weak ability to service debt, further exacerbates the stock's decline. The stock has generated a return of -25.26% over the past year, while the benchmark has remained relatively flat, indicating a significant divergence in performance. Overall, the combination of weak fundamentals, declining investor interest, and poor relative performance against the market contributes to the downward pressure on Jayshree Chemicals Ltd's stock price.