Why is JSL Industries falling/rising?

As of 12-Nov, JSL Industries Ltd is experiencing a decline in its stock price, currently at Rs 1,138.00, which reflects a decrease of Rs 94.3 or 7.65%. The stock has underperformed its sector by 8% today and has been on a downward trend for the last two days, accumulating a total drop of 8.59%. Over the past week, the stock has decreased by 5.25%, and its year-to-date performance shows a significant decline of 33.02%. The stock is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has shown high volatility with an intraday volatility of 5.17%, and it reached a low of Rs 1,110 during the trading session.
In the broader market context, JSL Industries' recent performance contrasts sharply with the Sensex, which has gained 1.21% over the past week. While the stock has been declining, the benchmark index has shown positive momentum, highlighting the stock's underperformance relative to the market. Despite a rise in delivery volume by 9.68% against the 5-day average, which suggests increased investor participation, the overall sentiment remains negative due to the stock's erratic trading and consecutive losses. This combination of factors contributes to the ongoing decline in JSL Industries' stock price.