Why is JSL Industries falling/rising?

As of 28-Aug, JSL Industries Ltd is currently priced at 1,295.95, reflecting an increase of 15.95, or 1.25%. The stock has shown a trend reversal today, gaining after five consecutive days of decline. It opened with a significant gain of 13.28% and reached an intraday high of Rs 1450. However, despite today's positive movement, the stock has underperformed over the longer term, with a year-to-date decline of 23.72% and a staggering 43.74% drop over the past year. Additionally, the stock is trading below its moving averages and has experienced a decrease in investor participation, with delivery volume falling by 19.61% compared to the five-day average.
In the broader market context, JSL Industries has outperformed the sector today, gaining 1.67% more than its peers. However, over the past week, the stock has declined by 0.77%, while the benchmark Sensex has fallen by 2.34%. This indicates that while the stock is experiencing a short-term recovery, it still faces challenges in the context of a broader market downturn. The high volatility observed today, with an intraday volatility of 5.61%, suggests that investor sentiment remains cautious, despite the recent uptick in price.