Why is Jocil falling/rising?

As of 18-Sep, Jocil Ltd's stock price is currently at 154.04, reflecting a decrease of 2.12, or 1.36%. The stock has underperformed its sector today by 0.86%, and it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, Jocil has seen a return of -4.86%, while its performance over the last month is also negative at -3.91%. Despite a recent rise in delivery volume by 23.13%, the stock has experienced significant long-term challenges, including a decline in operating profit by an annual rate of -59.68% over the last five years and a return of -28.02% in the past year, indicating persistent underperformance against the benchmark.
In the broader market context, Jocil's recent performance contrasts sharply with the Sensex, which has gained 1.67% over the past week and 2.20% over the past month. The stock's long-term growth prospects appear poor, as evidenced by a very expensive valuation with a Price to Book Value of 0.7 and a return on equity of only 0.6. Additionally, while the company has reported positive results in June 2025 after two consecutive negative quarters, the overall trend of declining profits and consistent underperformance against the BSE500 over the last three years suggests that investor sentiment remains cautious, contributing to the stock's downward movement.