Why is Jupiter Wagons falling/rising?

As of 26-Aug, Jupiter Wagons Ltd is experiencing a decline in its stock price, currently at Rs 329.35, which reflects a decrease of Rs 6.15 or 1.83%. The stock has underperformed its sector by 1.02% today and has been on a consecutive downward trend for the last three days, resulting in a total decline of 4.11% during this period. Additionally, the stock has fallen significantly over the past month by 7.02% and has a year-to-date decline of 34.25%. The company reported very negative results in June, with a substantial drop in operating profit and net sales, contributing to a bearish sentiment among investors. Furthermore, the stock is trading below all key moving averages, indicating a weak price trend, and there has been a notable decrease in investor participation, with delivery volume falling by 69.79% compared to the five-day average.
In the broader market context, while the Sensex has shown a slight decline of 1.05% over the past week, Jupiter Wagons has fared worse with a decrease of 0.38%. Over the past year, while the broader market has experienced a negative return of 1.12%, Jupiter Wagons has significantly underperformed with a return of -39.49%. This stark contrast highlights the company's struggles, particularly in light of its recent financial performance, which includes a 53.6% drop in net sales compared to previous quarters. The company's low debt-to-equity ratio and healthy long-term growth rates in net sales and operating profit are overshadowed by its recent financial setbacks, leading to a negative outlook among investors.