Why is Jayshree Chem. falling/rising?

As of 15-Sep, Jayshree Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 7.12, reflecting a decrease of Rs 0.13 or 1.79%. The stock has underperformed its sector today by 2.37% and is trading below all its moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 4.49% away from Rs 6.8. Over the past week, the stock has decreased by 0.97%, and its performance over the last month shows a significant drop of 4.81%. The company is facing operational challenges, including operating losses and a weak ability to service its debt, which is reflected in its negative EBITDA and poor EBIT to Interest ratio of -1.98. Furthermore, the stock has consistently underperformed against the benchmark, with a year-to-date decline of 23.44% compared to a 4.67% increase in the benchmark index.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 1.24% over the past week and 1.47% over the past month. This underperformance is indicative of the company's weak long-term fundamental strength, as evidenced by its poor growth rate and negative operating profit. The significant drop in investor participation, with delivery volume falling by 66.93% against the 5-day average, further exacerbates the situation. Overall, the combination of operational difficulties, declining investor interest, and consistent underperformance against market benchmarks contributes to the stock's downward trajectory.