Why is Jindal Photo falling/rising?

As of 23-Jun, Jindal Photo Ltd is currently priced at Rs 1,012.45, reflecting a decline of Rs 20.65, or 2.0%. The stock has recently experienced a trend reversal, falling after five consecutive days of gains. It opened with a loss of 2% today and touched an intraday low of Rs 1,012.45. Despite this decline, the stock has shown strong performance over the past year, generating a return of 49.90%, significantly outperforming the BSE 500 in each of the last three annual periods. Additionally, it remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive long-term trend. The recent increase in delivery volume by 778.88% against the 5-day average suggests rising investor participation, although today's performance underperformed the sector by 1.54%.
In the broader market context, Jindal Photo's short-term performance over the past week has been notably strong, with a return of 19.11%, compared to a mere 0.12% gain in the Sensex. This indicates that while the stock is currently experiencing a decline, it has been part of a larger upward trend in the short term. The stock's year-to-date return of 11.34% also surpasses the Sensex's 4.81% gain, highlighting its resilience and attractiveness to investors despite today's price drop. Overall, while the stock is facing a temporary setback, its consistent returns and strong performance over longer periods suggest a solid foundation for future growth.