Why is JTL Industries falling/rising?

As of 22-Sep, JTL Industries Ltd is experiencing a decline in its stock price, currently at 75.60, which reflects a decrease of 1.21 or 1.58%. The stock has underperformed its sector today, with a consecutive fall over the last two days resulting in a total decline of 3.14%. Over the past week, the stock has decreased by 2.51%, while its performance over the last month shows a slight decline of 0.53%. Despite having 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 stock has generated a negative return of 31.32% over the past year, with profits falling by 28.7%. Additionally, foreign institutional investors (FIIs) have reduced their holdings to 2.81%, which may contribute to the stock's downward pressure.
In the broader market context, JTL Industries has underperformed relative to the Sensex, which has gained 0.46% over the past week. The stock's recent performance contrasts sharply with the benchmark, highlighting its struggles in both short-term and long-term growth, as evidenced by its negative returns over the past year and three years. The company's lack of positive results in the last four consecutive quarters, alongside a low return on capital employed (ROCE) of 10.52%, further underscores its challenges in attracting investor confidence compared to the overall market performance.