Why is J.G.Chemicals falling/rising?

As of 18-Nov, J.G.Chemicals Ltd is experiencing a decline in its stock price, currently at Rs 390.50, which represents a decrease of 11.65 points or 2.9%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.48% during this period. It has also underperformed its sector by 1.92% today. The stock's performance over the past week shows a decrease of 7.00%, and over the past month, it has dropped by 3.83%. Despite a significant increase in delivery volume, which rose by 368.94% against the 5-day average, the stock is trading below all its moving averages, indicating a bearish trend. Additionally, the company has reported a poor long-term growth outlook, with net sales and operating profit growing at only 4.00% and 5.84% annually over the last five years, respectively.
In the broader market context, the Sensex has shown a positive return of 0.96% over the past week and 0.86% over the past month, contrasting sharply with J.G.Chemicals' negative performance. The stock has consistently underperformed against the benchmark, generating a return of -7.01% over the past year compared to the Sensex's gain of 9.48%. Furthermore, the decline in institutional investor participation, with a decrease of 2.06% in their stake, suggests a lack of confidence in the company's future prospects. This combination of poor financial results, declining investor interest, and consistent underperformance relative to the market has contributed to the stock's downward movement.