Why is Jhaveri Credits falling/rising?

As of 17-Nov, Jhaveri Credits & Capital Ltd is experiencing a decline in its stock price, currently at Rs 182.00, reflecting a decrease of Rs 16.65 or 8.38%. The stock has underperformed its sector by 8.8% today and has been on a downward trend for the last two days, accumulating a total drop of 10.74%. Additionally, the stock has shown significant volatility, with an intraday volatility of 5.54%, and has been trading below its moving averages across various time frames. The recent delivery volume has also decreased by 60.37% compared to the 5-day average, indicating a decline in investor participation.
In the broader market context, Jhaveri Credits has underperformed significantly compared to the Sensex, with a 1-week return of -4.94% against the benchmark's gain of 1.69%. Over the past month, the stock has dropped 8.52%, while the Sensex has risen by 1.19%. Year-to-date, Jhaveri Credits has seen a substantial decline of 32.58%, contrasting sharply with the Sensex's increase of 8.72%. This stark difference in performance highlights the challenges faced by Jhaveri Credits in attracting investor interest and maintaining price stability amid a generally positive market environment.