Why is Jhaveri Credits falling/rising?

As of 12-Sep, Jhaveri Credits & Capital Ltd is experiencing a decline in its stock price, currently at Rs 216.85, which reflects a decrease of Rs 11.05 or 4.85%. The stock has been underperforming, having lost 6.13% over the last three days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown significant negative returns over various periods, including a 14.59% drop over the past month and a 19.67% decline year-to-date. Despite a rise in delivery volume by 34.36% on September 11, the overall performance indicates a bearish trend, compounded by the stock's recent consecutive falls.
In the broader market context, Jhaveri Credits has underperformed compared to the Sensex, which has gained 1.48% over the past week while the stock itself has dropped by 5.76%. This stark contrast highlights the stock's struggles in the current market environment. Furthermore, the stock's year-on-year performance shows a significant decline of 33.88%, while the Sensex has only slightly decreased by 1.28%. The liquidity of the stock remains adequate, but the overall market sentiment appears to be unfavorable, contributing to the ongoing decline in its price.