Why is Jindal Worldwide falling/rising?

As of 11-Nov, Jindal Worldwide Ltd's stock is currently priced at 34.58, reflecting a decrease of 0.22, or 0.63%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 5.31% during this period. Additionally, it is trading close to its 52-week low, just 1.82% above the low of Rs 33.95. Over the past year, the stock has generated a return of -42.48%, significantly underperforming against the benchmark Sensex, which has gained 5.50%. While the company has a relatively attractive valuation with a return on capital employed (ROCE) of 12.5 and promoters increasing their stake by 1.36%, the stock's long-term fundamentals are weak, evidenced 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.
In the broader market context, Jindal Worldwide's short-term performance has been notably poor compared to the Sensex, which has risen by 0.49% over the past week, while Jindal's stock has declined by 4.26%. This consistent underperformance against the benchmark over the last three years, coupled with falling investor participation and negative financial results, has contributed to a lack of confidence among investors. The stock's liquidity remains adequate, but the overall sentiment appears to be negative, leading to its current downward trend.