Why is Jullundur Motor falling/rising?

As of 19-Sep, Jullundur Motor Agency (Delhi) Ltd is experiencing a decline in its stock price, currently at 91.32, reflecting a decrease of 2.6 or 2.77%. The stock has underperformed its sector by 2.31% today, and while it is trading higher than the 20-day, 50-day, and 200-day moving averages, it is lower than the 5-day and 100-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 59.89% compared to the 5-day average. Over the past year, the stock has generated a return of -13.85%, despite a 1.1% increase in profits, indicating a disconnect between performance and stock price. The company maintains a low debt-to-equity ratio and a favorable return on equity, which suggests a solid valuation, yet the stock is trading at a discount compared to its peers.
In the broader market context, Jullundur Motor's short-term return over the past week is +2.28%, which is significantly higher than the Sensex's return of +0.85%. However, the stock's year-to-date performance shows a decline of 5.43%, contrasting sharply with the Sensex's gain of 7.11%. This underperformance over a longer horizon, coupled with the recent drop in trading volume and price, suggests that while the stock has potential due to its attractive valuation metrics, current market sentiment and investor participation are negatively impacting its price movement.