Why is Jindal Photo falling/rising?

As of 04-Sep, Jindal Photo Ltd's stock price is currently at Rs. 1,168.45, reflecting a decrease of Rs. 40.8, or 3.37%. The stock opened with a gain of 6.68% today, reaching an intraday high of Rs. 1,290, which is also a new 52-week and all-time high. However, it faced significant volatility throughout the day, trading in a wide range of Rs. 135 and touching a low of Rs. 1,155. Despite the impressive returns over various periods, including a 37.46% increase over the past week and a staggering 8,587.36% over five years, the stock underperformed its sector by 3.01% today. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 28.96% compared to the five-day average, which may have contributed to the downward pressure on the stock price.
In the broader market context, Jindal Photo's recent performance stands out against the benchmark Sensex, which has only increased by 0.80% over the past week. While Jindal Photo has shown strong returns year-to-date at 28.50% compared to the Sensex's 3.30%, the current decline in price suggests that the stock may be experiencing profit-taking after reaching new highs. The high volatility observed today, coupled with decreased investor participation, indicates a cautious sentiment among traders, which could be influencing the stock's recent price movement.