Why is JSL Industries falling/rising?

As of 23-Jun, JSL Industries Ltd is experiencing a decline in its stock price, currently at 1,450.00, reflecting a decrease of 40.0 points or 2.68%. Today's price summary indicates that the stock opened with a gain of 6.71%, reaching an intraday high of Rs 1589.95, but subsequently fell to a low of Rs 1414, resulting in high volatility with an intraday range of Rs 175.95. Over the past week, the stock has underperformed the sector by 1.27%, and its returns over the last year show a significant decline of 15.49%, contrasting with the broader market's positive performance. The company's financials reveal a low debt-to-equity ratio, but it has faced negative results recently, including a substantial drop in PAT and EPS, which has contributed to its poor long-term growth outlook.
Broader market context shows that while the stock has seen a significant increase over the past three years, it has notably underperformed against the benchmark, with a one-year return of -15.49% compared to the BSE 500's gain of 2.78%. This underperformance is compounded by a high PEG ratio of 5.6, indicating that the stock is trading at a premium relative to its earnings growth. The falling investor participation, as evidenced by a 55.31% drop in delivery volume, further suggests a lack of confidence among investors, contributing to the stock's downward trajectory.