Why is Newjaisa Tech falling/rising?

As of 15-Jul, Newjaisa Technologies Ltd is currently priced at 34.40, showing no change (0.00%). The stock has underperformed its sector by 1.18% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has declined by 1.71%, and it has experienced significant losses of 22.17% over the past month and 58.55% year-to-date. Despite these declines, there has been a rise in investor participation, with delivery volume increasing by 17.51% against the 5-day average, suggesting some interest in the stock despite its poor performance.
In the broader market context, Newjaisa Technologies Ltd's recent performance contrasts sharply with the benchmark Sensex, which has risen by 1.93% over the past month and 6.56% year-to-date. The stock's significant underperformance, particularly over the longer term with a 73.33% decline over the past year compared to the Sensex's 2.48% increase, highlights a challenging environment for the company. The lack of positive factors in the dashboard further emphasizes the difficulties Newjaisa Technologies Ltd is facing, contributing to its ongoing price decline.