Why is Jonjua Overseas falling/rising?

As of 18-Sep, Jonjua Overseas Ltd. has a current price of 8.91, reflecting an increase of 0.11 or 1.25%. The stock has been gaining for the last three days, with a total return of 5.44% during this period, which indicates a positive short-term trend. However, despite this recent uptick, the stock has underperformed significantly over longer periods, with a year-to-date decline of 12.65% and a one-year drop of 28.26%. Additionally, the stock is currently trading higher than its 5-day moving average but lower than its 20, 50, 100, and 200-day moving averages. Notably, there has been a decrease in investor participation, with delivery volume falling by 31.82% compared to the 5-day average, which may indicate waning interest among investors.
In the broader market context, Jonjua Overseas has underperformed the benchmark Sensex over the short term, with a 1-week return of -0.11% compared to the Sensex's gain of 1.80%. This trend of underperformance continues over the past month and year, suggesting that while the stock has seen a recent rise, it is not keeping pace with the overall market. The liquidity of the stock is adequate for trading, as it is based on 2% of the 5-day average traded value, but the declining delivery volume could be a concern for future price stability. Overall, the combination of recent gains and longer-term underperformance, along with falling investor participation, paints a complex picture for Jonjua Overseas Ltd.