Why is J.G.Chemicals falling/rising?

As of 05-Aug, J.G.Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 484.75, which represents a decrease of Rs 5.3 or 1.08%. The stock has underperformed its sector by 1.46% today and opened with a loss of 2.05%. It reached an intraday low of Rs 478, reflecting a drop of 2.46%. Over the past week, the stock has decreased by 2.16%, although it has shown a positive return of 5.39% over the past month and an impressive 68.90% increase over the past year. Notably, investor participation has fallen significantly, with delivery volume dropping by 59.27% compared to the five-day average, indicating reduced interest in trading the stock.
In the broader market context, the Sensex has decreased by 0.77% over the past week, suggesting that the stock's short-term decline is more pronounced than the overall market trend. While J.G.Chemicals has outperformed the Sensex in the longer term, with a year-to-date return of 19.69% compared to the Sensex's 3.29%, the recent underperformance and falling investor participation may be contributing to the current price drop. The stock remains liquid enough for trading, but the combination of negative momentum and decreased trading activity could be influencing its recent downward trajectory.