Why is JP Associates falling/rising?

As of 22-Sep, Jaiprakash Associates Ltd is experiencing a decline in its stock price, currently at 3.10, reflecting a decrease of 0.16 or 4.91%. The stock has underperformed its sector by 7.09% today and has shown erratic trading patterns, not trading on 4 out of the last 20 days. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 4.91%, and it has seen a significant decline of 50.56% year-to-date, which is starkly contrasted by the Sensex's gain of 5.15% in the same period. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 61.83% against the 5-day average.
In the broader market context, the stock's recent performance is significantly lagging behind the benchmark Sensex, which has gained 0.46% over the past week. This underperformance is evident as the stock has declined by 22.11% over the past month while the Sensex has increased by 1.05%. The overall market sentiment appears to favor the diversified sector, which has gained by 2.18%, further highlighting the challenges faced by Jaiprakash Associates Ltd. The lack of positive factors in the dashboard suggests that there are no immediate catalysts to support a rebound in the stock's price, contributing to its ongoing decline.