Why is Jupiter Wagons falling/rising?

As of 23-Sep, Jupiter Wagons Ltd is experiencing a decline in its stock price, currently at 331.15, which reflects a decrease of 2.6 or 0.78%. The stock has underperformed its sector by 1.28% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 4.53% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has also seen a significant drop in investor participation, with delivery volume falling by 34.46% compared to the 5-day average. Despite having a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, the recent financial results have been concerning, with a 53.43% fall in operating profit and a 65.8% decline in profit after tax compared to previous quarters.
In the broader market context, Jupiter Wagons has underperformed significantly compared to the benchmark, with a one-year return of -38.55% against the Sensex's -3.33%. While the market has shown some resilience with a slight positive return over the last month, Jupiter Wagons has continued to decline, indicating a lack of investor confidence. The stock's valuation appears expensive relative to its peers, and despite its historical growth over three and five years, the recent financial downturn has overshadowed these achievements, contributing to the stock's current downward trajectory.