Why is Jindal Poly Film falling/rising?

As of 22-Aug, Jindal Poly Films Ltd is currently priced at 524.20, reflecting an increase of 2.1 (0.4%). The stock has gained after two consecutive days of decline, although it remains close to its 52-week low, just 2.01% away from 513.65. Over the past week, the stock has shown a modest increase of 0.42%, but it has significantly underperformed over the longer term, with a decline of 15.51% over the past month and 40.57% over the past year. The company has a low Debt to EBITDA ratio of 1.49, indicating a strong ability to service its debt, and despite a negative return over the past year, its profits have risen by 36%, suggesting a fair valuation relative to its peers. However, the stock's long-term growth prospects are poor, with operating profit declining at an annual rate of 56.26% over the last five years, and domestic mutual funds holding no stake in the company, which may indicate a lack of confidence in its future performance.
In the broader market context, Jindal Poly Films has underperformed the benchmark Sensex, which has gained 0.88% over the past week, while the stock has only increased by 0.42%. This consistent underperformance against the benchmark over the last three years, combined with significant declines in both short-term and long-term returns, suggests that investor sentiment remains cautious. The rising investor participation, indicated by an increase in delivery volume, may provide some support for the stock, but the overall trend remains negative due to the company's financial challenges and lack of institutional interest.