Why is Jindal Poly Inve falling/rising?

As of 02-Sep, Jindal Poly Investment & Finance Company Ltd is experiencing a decline in its stock price, currently at 959.40, reflecting a decrease of 79.9 points or 7.69%. Today's price summary indicates that the stock opened with a gain of 2.09% but has since fallen after two consecutive days of gains, reaching an intraday low of Rs 935.4, which represents a 10% drop. Despite a strong performance over the past week and month, with returns of 31.66% and 24.94% respectively, the stock has underperformed its sector today by 7.56%. The stock's volatility is notable, with an intraday volatility of 10.93%, and while it is trading above its moving averages, the recent profit decline of 2.4% and a significant drop in net sales have raised concerns about its long-term fundamental strength. In the broader market context, Jindal Poly's recent performance contrasts sharply with the benchmark Sensex, which has seen a slight decline of 0.78% over the past week. Although the stock has outperformed the BSE500 over the last three years, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence among institutional investors. This could indicate that the stock's current price may not align with its perceived value, contributing to the recent downward movement. Overall, while the stock has shown strong historical returns, the combination of weak recent financial results and high volatility has led to its current decline.