Why is Jindal Photo falling/rising?

As of 24-Jun, Jindal Photo Ltd is currently priced at 1,000.00, reflecting a decline of 12.45 points or 1.23%. The stock has been experiencing a downward trend, having fallen consecutively for the last two days, resulting in a total decrease of 3.2% during this period. Despite this recent decline, Jindal Photo has shown strong performance over the longer term, with a remarkable 42.50% increase over the past year and a staggering 393.58% rise over the last three years. Additionally, the stock is trading above its moving averages, indicating a generally positive trend, although it has underperformed its sector by 2.31% today. The stock is also close to its 52-week high, just 3.31% away, which suggests that it has been performing well overall.
In the broader market context, Jindal Photo's short-term performance over the past week has been significantly better than the benchmark Sensex, with a return of 12.04% compared to the Sensex's 0.58%. This indicates that while the stock is currently facing a short-term decline, it has outperformed the market in the recent past. The rising investor participation, as evidenced by a 63.95% increase in delivery volume, suggests continued interest in the stock despite the recent price drop. Overall, while the stock is currently experiencing a decline, its historical performance and strong returns relative to the benchmark indicate a resilient position in the market.