Why is Jindal Worldwide falling/rising?

As of 22-Sep, Jindal Worldwide Ltd's stock price is currently at Rs 38.05, reflecting a decrease of Rs 1.1 or 2.81%. The stock has underperformed its sector by 2.1% today, having touched an intraday low of Rs 37.5, which represents a decline of 4.21%. Over the past week, the stock has shown a slight decline of 0.08%, while it has gained 5.11% over the past month. However, the stock's year-to-date performance is concerning, with a significant drop of 52.04%. The company's weak fundamentals are highlighted by a -18.86% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 2.81 times, which raises concerns about its ability to service debt. Additionally, the stock's negative performance in recent quarters, including a low operating profit to interest ratio, further contributes to its downward trend.
In the broader market context, Jindal Worldwide's short-term performance has lagged behind the Sensex, which has gained 0.46% over the past week. The stock's liquidity is adequate for trading, but a notable decline in delivery volume by 33.01% against the five-day average indicates falling investor participation. Despite the stock trading at a discount compared to its peers, the lack of confidence from domestic mutual funds, which hold only 0.12% of the company, suggests that institutional investors may not be comfortable with the current price or the business outlook. Overall, the combination of weak financial metrics, poor recent performance, and low investor interest contributes to the stock's decline.