Why is Newjaisa Tech falling/rising?

As of 05-Aug, Newjaisa Technologies Ltd is experiencing a price increase, currently at 34.75, which reflects a rise of 0.8 or 2.36%. Despite this uptick, the stock has shown a trend reversal after two consecutive days of gains and has underperformed its sector by 0.36%. Over the past week, the stock has gained 7.59%, contrasting with a decline of 9.15% over the past month. The stock's recent performance indicates erratic trading, as it did not trade on one day out of the last twenty. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 369.88% on August 4 compared to the five-day average, suggesting a growing interest among investors.
In the broader market context, the stock's short-term performance is significantly better than the benchmark, as the Sensex has declined by 0.69% over the past week. However, the stock's year-to-date performance is concerning, with a decline of 58.13%, while the Sensex has increased by 4.25% during the same period. The stock is currently trading above its 5-day and 20-day moving averages but below its longer-term moving averages, indicating mixed signals regarding its price trend. Overall, while there is some positive momentum in the short term, the long-term outlook remains challenging compared to the benchmark.