Why is Josts Engg. Co. falling/rising?

As of 03-Nov, Josts Engineering Company Ltd is experiencing a decline in its stock price, currently at Rs 313.75, which reflects a decrease of Rs 30.25 or 8.79%. The stock has been underperforming, having fallen consecutively for the last two days and showing a significant drop of 8.91% during this period. It opened with a loss of 5.55% today and reached an intraday low of Rs 312, indicating weak trading activity. The stock is also trading below all its moving averages and is close to its 52-week low, which further highlights its poor performance. Over the past year, the stock has generated a return of -40.83%, significantly underperforming the market, which has seen a return of 5.34%. The company's financial health is concerning, with a reported decline in profits and negative results over the last two quarters, contributing to the stock's downward trend.
In the broader market context, Josts Engineering Company Ltd's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has only declined by 0.94% over the past week. The stock's liquidity appears to be adequate, but there has been a notable drop in investor participation, with delivery volume falling by 59.11% compared to the five-day average. Despite having a low Debt to EBITDA ratio and a favorable valuation compared to peers, the company's substantial drop in profit before tax and negative earnings growth have overshadowed these positive aspects, leading to a strong sell sentiment among investors.