Why is Jaysynth Orgo falling/rising?

As of 28-Oct, Jaysynth Orgochem Ltd is experiencing a decline in its stock price, currently at Rs. 14.44, which reflects a decrease of Rs. 0.75 or 4.94%. The stock has hit a new 52-week low of Rs. 14.05 today and has underperformed its sector by 5.03%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 5.93%, and its year-to-date performance shows a significant decline of 48.17%. While there has been a rise in investor participation, with a 10.54% increase in delivery volume, the overall sentiment appears negative, and no positive factors were noted to counterbalance the stock's downward movement.
Broader Market Context: In comparison to the benchmark Sensex, which has increased by 0.24% over the past week, Jaysynth Orgochem Ltd's performance is notably weaker. The benchmark has also shown a positive return of 5.22% over the past month, while the stock has dropped 18.74% in the same timeframe. This stark contrast highlights the stock's struggles relative to the broader market, contributing to its declining price. The liquidity of the stock remains adequate for trading, but the overall negative performance metrics suggest a challenging environment for investors in Jaysynth Orgochem Ltd.