Why is Jhaveri Credits falling/rising?

As of 11-Sep, Jhaveri Credits & Capital Ltd is currently priced at 227.90, reflecting a decrease of 1.35, or 0.59%. The stock has been underperforming recently, having lost 1.34% over the last two days and is trading lower than its moving averages across various time frames. Despite opening the day with a gain of 4.73% and reaching an intraday high of Rs 240.1, it also experienced a significant drop to a low of Rs 217.9, indicating volatility. The stock's performance over the past month shows a decline of 12.45%, and year-to-date, it has fallen by 15.58%. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 72.95% compared to the five-day average, which may contribute to the stock's recent downward trend.
In the broader market context, the stock's short-term performance has lagged behind the benchmark Sensex, which has gained 1.03% over the past week while Jhaveri Credits has only increased by 0.40%. This underperformance is further highlighted by the stock's significant declines over the past month and year, contrasting sharply with the Sensex's positive returns. The overall market sentiment appears to favor the benchmark, which may be impacting investor confidence in Jhaveri Credits, leading to its recent price decline.