Why is Newjaisa Tech falling/rising?

As of 12-Jun, Newjaisa Technologies Ltd is experiencing a decline in its stock price, currently at 44.20, which reflects a decrease of 0.9 or 2.0%. The stock has shown a significant underperformance over the past week, with a return of -8.39%, while the benchmark Sensex has increased by 0.55%. In contrast, the stock has performed better over the past month, gaining 8.33%, compared to a slight decline of 0.15% in the Sensex. However, year-to-date, Newjaisa Technologies has seen a substantial drop of 46.75%, while the Sensex has risen by 5.26%. Today's price summary indicates that the stock has outperformed its sector by 4.56%, but it is trading below its longer-term moving averages, specifically the 50-day, 100-day, and 200-day averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 60.32% compared to the 5-day average.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark's stability, particularly over the last week where it has significantly lagged behind the Sensex. The liquidity of the stock remains adequate for trading, as it is based on 2% of the 5-day average traded value. However, the substantial year-to-date and one-year declines of 46.75% and 55.31%, respectively, suggest ongoing challenges for Newjaisa Technologies, which may be contributing to investor hesitance and the recent drop in stock price. Overall, while there are some positive indicators such as today's sector outperformance, the overarching trend remains negative, reflecting broader concerns about the company's performance relative to the market.