Why is Jiwanram Sheo falling/rising?

As of 29-Jul, Jiwanram Sheoduttrai Industries Ltd's stock price is currently at 9.20, reflecting an increase of 0.4 or 4.55%. The stock has shown a positive performance today, outperforming its sector by 3.91%. However, despite this short-term gain, the stock has experienced a decline of 9.80% over the past month and a significant drop of 37.20% year-to-date. The stock's delivery volume has decreased by 28.57% compared to the 5-day average, indicating a falling investor participation, which may negatively impact future price movements. Additionally, while the stock is trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages, suggesting mixed signals regarding its trend.
In the broader market context, Jiwanram Sheoduttrai Industries Ltd has outperformed the Sensex by 5.75% over the past week, while the benchmark has declined by 0.96%. This short-term outperformance contrasts with the stock's longer-term performance, where it has underperformed the Sensex significantly over the past month and year. The Sensex has gained 4.97% year-to-date, while Jiwanram Sheoduttrai Industries Ltd has seen a substantial decline, indicating that broader market conditions may not be favorable for the stock in the long run. Overall, the stock's recent rise may be attributed to short-term trading dynamics rather than a fundamental recovery.