Why is Josts Engg. Co. falling/rising?

As of 04-Sep, Josts Engineering Company Ltd is experiencing a decline in its stock price, currently at Rs 311.30, which reflects a decrease of Rs 11.5 or 3.56%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 8.44% during this period. It is also trading close to its 52-week low, just 2.02% away from Rs 305. The stock's performance over the past week shows a decrease of 2.57%, and it has significantly underperformed over the past month and year, with declines of 28.73% and 45.05%, respectively. Additionally, Josts Engineering Company is trading below its moving averages across various timeframes, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 132.86% against the 5-day average, this has not been sufficient to counteract the downward price movement.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.80% over the past week, Josts Engineering Company Ltd's performance has been notably weaker. The stock's year-to-date performance shows a decline of 42.88%, while the Sensex has increased by 3.30% during the same period. This stark contrast highlights the challenges faced by Josts Engineering Company in the current market environment, as it continues to lag behind broader market trends. The overall liquidity of the stock remains adequate for trading, but the persistent decline in price suggests underlying issues that are affecting investor confidence.