Why is JTL Industries falling/rising?

As of 23-Sep, JTL Industries Ltd is experiencing a decline in its stock price, currently at Rs 74.19, reflecting a decrease of Rs 1.31 or 1.74%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 4.95% during this period. Additionally, the stock's performance over the past week shows a drop of 4.91%, while it has underperformed the sector by 3.03% today. Despite a relatively 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 four consecutive quarters, contributing to a significant year-to-date decline of 22.48% and a one-year drop of 32.54%.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, contrasting with JTL Industries' more substantial drop. While the stock has seen an increase in investor participation with a 12.92% rise in delivery volume, the overall sentiment remains negative due to decreased foreign institutional investor (FII) holdings, which now stand at 2.81%. The company's long-term growth prospects appear poor, with net sales and operating profit growth rates of only 14.96% and 6.27% over the last five years, respectively. This underperformance relative to the benchmark and the company's recent financial struggles are likely contributing to the ongoing decline in its stock price.