Why is Jupiter Wagons falling/rising?

As of 01-Aug, Jupiter Wagons Ltd is experiencing a decline in its stock price, currently at Rs 336.35, which reflects a decrease of Rs 5.5 or 1.61%. The stock has underperformed its sector by 0.39% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 3.91%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has fallen by 5.04%, and its year-to-date performance shows a significant decline of 32.86%. Despite a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, the stock's recent performance has been adversely affected by flat results and a high price-to-book value ratio, leading to an expensive valuation.
In the broader market context, Jupiter Wagons has underperformed compared to the benchmark Sensex, which has seen a decline of only 1.06% over the past week. The stock's performance over the past year is particularly concerning, with a return of -43.89%, significantly worse than the market's negative return of -4.13%. This stark contrast highlights the stock's struggles, especially given that its profits have only risen by 15.3% during the same period. The falling investor participation, as indicated by a decrease in delivery volume, further compounds the stock's challenges, suggesting a lack of confidence among investors.