Why is JNK falling/rising?

As of 22-Jul, JNK India Ltd's stock price is currently at Rs 333.90, reflecting a decrease of Rs 9.3 or 2.71%. The stock has underperformed its sector by 2.08% today, having touched an intraday low of Rs 333.90. Over the past week, the stock has shown a positive return of 7.88%, but it has a significant decline of 8.08% over the past month and a staggering 49% drop year-to-date. Despite a high management efficiency indicated by a return on capital employed (ROCE) of 27.33% and a low debt-to-equity ratio, the company has faced challenges, including a flat performance in its latest results and a substantial decline in profits over the past year, which has contributed to its negative stock movement.
In the broader market context, while JNK India Ltd has underperformed the benchmark Sensex, which has seen a slight decline of 0.47% over the past week, the stock's recent performance indicates a troubling trend with a year-over-year return of -56.43%, compared to the Sensex's modest gain of 2.09%. This underperformance is compounded by the company's flat results and high valuation metrics, which suggest that investors are cautious. Although there has been a rise in investor participation, as evidenced by a 69.37% increase in delivery volume, the overall sentiment remains negative due to the company's declining profits and below-par performance in both the short and long term.