Why is Jupiter Wagons falling/rising?

As of 28-Jul, Jupiter Wagons Ltd is experiencing a decline in its stock price, currently at Rs 342.15, which reflects a decrease of Rs 12.05 or 3.4%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 7.26% over the past week. Additionally, it is trading below all its moving averages, indicating a bearish trend. Despite a rise in investor participation, as evidenced by a 17.65% increase in delivery volume, the stock's performance has been negatively impacted by flat results in March and a high PEG ratio of 3.2, suggesting an expensive valuation relative to its earnings growth. Over the past year, the stock has significantly underperformed, with a return of -44.56%, while its profits have only increased by 15.3%.
In the broader market context, the Sensex has declined by 1.59% over the past week, indicating that while the market is also facing downward pressure, Jupiter Wagons' decline is more pronounced. The stock's year-to-date performance shows a stark contrast, with a drop of 31.70% compared to the Sensex's gain of 3.52%. This underperformance highlights the challenges faced by Jupiter Wagons in a market that has not been as severely affected. Overall, the stock's recent movements reflect a combination of internal financial challenges and a broader market environment that, while negative, has not impacted all stocks to the same extent.