Why is Jindal Worldwide falling/rising?

As of 23-Jul, Jindal Worldwide Ltd's stock price is currently at Rs 41.36, reflecting a decrease of Rs 0.08 or 0.19%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.24% during this period. It is also trading close to its 52-week low, just 0.87% away from that point. Over the past week, the stock has decreased by 1.15%, and it has significantly underperformed the market with a year-to-date return of -47.86%. The company's financial health is concerning, as it has a high Debt to EBITDA ratio of 2.81 times, indicating a low ability to service its debt. Additionally, the operating profit has declined at an annual rate of -19.64% over the last five years, contributing to the stock's poor performance.
In the broader market context, Jindal Worldwide's recent performance contrasts sharply with the Sensex, which has gained 0.11% over the past week. This disparity highlights the stock's struggles, as it has consistently underperformed not only against the benchmark but also against its peers. Despite a rising investor participation indicated by a 38.42% increase in delivery volume, the overall sentiment remains negative due to the company's flat financial results and low domestic mutual fund interest, suggesting a lack of confidence in its future growth prospects.