Why is Jupiter Wagons falling/rising?

As of 04-Sep, Jupiter Wagons Ltd is experiencing a decline in its stock price, currently at Rs 324.35, which reflects a decrease of Rs 5.75 or 1.74%. The stock has underperformed its sector by 0.98% today and has been on a downward trend for the last two days, with a total decline of 1.76%. Additionally, the stock has shown a significant drop in performance over the past month, down 4.84%, and a staggering 41.56% decrease over the past year. The company's recent financial results have been concerning, with a notable fall in operating profit by 53.43% and net sales dropping by 53.6% compared to previous quarters, contributing to the negative sentiment surrounding the stock.
In the broader market context, while the Sensex has shown a modest increase of 0.80% over the past week, Jupiter Wagons has managed a slight gain of 1.44% in the same period, indicating some short-term resilience. However, the stock's year-to-date performance is significantly worse than the benchmark, with a decline of 35.25% compared to the Sensex's gain of 3.30%. This stark contrast highlights the challenges faced by Jupiter Wagons, particularly in light of its high valuation metrics and declining profitability, which have led to a perception of the stock as a strong sell among investors.