Why is Newjaisa Tech falling/rising?

As of 19-Sep, Newjaisa Technologies Ltd is experiencing a decline in its stock price, currently at 45.15, reflecting a decrease of 2.35 or 4.95%. The stock has underperformed its sector today by 7.35%, despite showing higher performance than its 20-day, 50-day, and 100-day moving averages. Notably, the stock has seen a rise in investor participation, with a delivery volume of 25.5k on September 18, which is up by 39.34% compared to the 5-day average. However, the stock's year-to-date performance is significantly negative, down 45.60%, and it has also seen a substantial decline of 53.43% over the past year, indicating ongoing challenges for the company.
In the broader market context, the stock's performance over the past week shows a decline of 1.85%, while the Sensex has increased by 0.85%, highlighting a notable underperformance relative to the benchmark. Over the last month, Newjaisa Technologies has outperformed the Sensex with a return of 31.25% compared to the index's 1.39%, but the longer-term outlook remains weak, particularly with a year-to-date drop that contrasts sharply with the Sensex's positive return of 7.11%. This disparity suggests that while there may have been some recent interest in the stock, the overall market sentiment and the company's historical performance are contributing to its current downward price movement.