Why is Newjaisa Tech falling/rising?

As of 30-Sep, Newjaisa Technologies Ltd is experiencing a decline in its stock price, currently at 40.20, which reflects a decrease of 2.1 or 4.96%. The stock has underperformed its sector by 3.14% today, and while it is higher than the 50-day and 100-day moving averages, it is lower than the 5-day, 20-day, and 200-day moving averages. Over the past week, the stock has dropped by 9.05%, and year-to-date, it has seen a significant decline of 51.57%. However, there has been a notable increase in investor participation, with delivery volume rising by 32.91% against the 5-day average, indicating some interest despite the overall downward trend.
In the broader market context, the Sensex has decreased by 2.22% over the past week, which suggests that the stock's decline is more pronounced compared to the benchmark. While Newjaisa Technologies Ltd has shown a strong performance over the past month with a return of 37.20%, its long-term performance remains concerning, with a year-over-year decline of 59.60%. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value. Overall, the combination of recent underperformance relative to both the sector and the benchmark, along with significant long-term losses, contributes to the current downward movement in the stock price.