Why is Newjaisa Tech falling/rising?

As of 25-Jun, Newjaisa Technologies Ltd is experiencing a decline in its stock price, currently at 39.25, which reflects a decrease of 0.7 or 1.75%. The stock has underperformed significantly, with a 1-week return of -5.76%, a 1-month return of -20.47%, and a year-to-date decline of 52.71%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in delivery volume by 21.21% against the 5-day average, there are no available positive or negative factors that could provide further insight into the stock's recent movement.
In the broader market context, Newjaisa Technologies Ltd's performance contrasts sharply with the Sensex, which has gained 1.74% over the past week and 1.58% over the past month. The stark difference in returns highlights the stock's struggles relative to the benchmark, as it has significantly underperformed in both the short term and year-to-date comparisons. This underperformance suggests that investor sentiment may be unfavorable towards Newjaisa Technologies Ltd, contributing to its declining stock price amidst a generally positive market environment.