Why is Newjaisa Tech falling/rising?

As of 14-Jul, Newjaisa Technologies Ltd is experiencing a price increase, with its current price at 34.40, reflecting a change of 0.4 or 1.18% upward. Despite this positive movement today, the stock has shown significant underperformance over the past week, down 5.36%, and a staggering decline of 58.55% year-to-date. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 71.38% compared to the 5-day average, which may suggest waning interest among investors. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Newjaisa Technologies Ltd's short-term performance has been notably worse than the benchmark, with the Sensex declining only 1.49% over the same week. This stark contrast highlights the stock's struggles relative to the overall market, as it has not only underperformed in the short term but also over the past month, where it has dropped 22.17% while the Sensex has gained 1.47%. The significant year-to-date decline of 58.55% further emphasizes the challenges faced by Newjaisa Technologies Ltd in attracting investor confidence compared to the broader market's positive trajectory.