Why is JTL Industries falling/rising?

As of 25-Jun, JTL Industries Ltd's stock price is currently at Rs 74.22, reflecting a decline of Rs 1.17 or 1.55%. The stock has underperformed its sector today by 2.54%, reaching an intraday low of Rs 73.5. Over the past week, the stock has decreased by 3.80%, while it has shown a modest increase of 4.34% over the past month. However, the stock's year-to-date performance is concerning, with a significant drop of 22.45%. Despite a high management efficiency indicated by a return on equity (ROE) of 17.92% and a low debt to EBITDA ratio of 0.39, the company has faced negative results for the last three consecutive quarters, contributing to its poor long-term growth outlook. The stock's performance has also been negatively impacted by a 31.24% drop in delivery volume compared to the five-day average.
In the broader market context, JTL Industries has underperformed the Sensex, which has gained 1.61% over the past week, while the stock has declined. The stock's long-term returns are troubling, with a 31.89% decrease over the past year, contrasting sharply with the Sensex's 6.02% increase during the same period. Although there has been an increase in institutional investor participation, with a 0.68% rise in their stake, the overall sentiment remains cautious due to the company's declining profits and below-par performance metrics. This combination of factors suggests that the stock's recent decline is influenced by both its internal challenges and its inability to keep pace with broader market trends.