Why is Jupiter Wagons falling/rising?

As of 19-Sep, Jupiter Wagons Ltd is experiencing a decline in its stock price, currently at 340.00, reflecting a decrease of 4.75 or 1.38%. The stock has underperformed its sector by 1.49% today and has been on a consecutive downward trend for the last two days, resulting in a total return drop of 1.97%. While the stock has shown positive returns over the past week and month, with increases of 1.07% and 2.84% respectively, it has significantly underperformed over the year, with a return of -34.32%. The company has reported a low Debt to Equity ratio of 0.08 times, indicating a manageable debt level, but it has also faced a substantial decline in operating profit by 53.43%, leading to negative quarterly results. This combination of factors contributes to the stock's recent downward movement.
In the broader market context, the stock's performance over the past year has been notably worse than the benchmark, with the BSE500 index experiencing a decline of only 1.96%. This stark contrast highlights the challenges faced by Jupiter Wagons, as it has not only underperformed the market but also its own historical performance, with profits falling by 10.4% over the same period. The stock's valuation appears expensive with a Price to Book Value of 5.2, further complicating its attractiveness to investors. Despite healthy long-term growth in net sales and operating profit, the recent financial results and declining investor participation signal a lack of confidence, contributing to the stock's current downward trend.