Why is Jindal Poly Film falling/rising?

As of 18-Nov, Jindal Poly Films Ltd's stock price is currently at 556.00, reflecting an increase of 7.3, or 1.33%. Today's performance indicates that the stock has outperformed its sector by 1.8% and has shown a trend reversal after two consecutive days of decline. However, despite this short-term gain, the stock has underperformed over the past month with a return of -0.90%, while the benchmark Sensex has gained 0.86%. The stock's moving averages indicate a mixed trend, being higher than the 5-day moving average but lower than the longer-term averages. Additionally, there has been a decline in investor participation, with delivery volume falling by 9.11% against the 5-day average, which may signal reduced confidence among investors.
Broader market context shows that while Jindal Poly Films has seen a slight uptick in the short term, it has significantly underperformed the market over the past year, with a return of -32.52% compared to the Sensex's gain of 9.48%. The company has a low Debt to EBITDA ratio, indicating a strong ability to service debt, and its profits have risen by 36% despite the stock's poor performance. However, the long-term growth outlook remains bleak, with operating profit declining at an annual rate of -56.26% over the last five years. The lack of investment from domestic mutual funds may reflect a lack of confidence in the stock's future performance, further contributing to its underwhelming returns relative to the broader market.