Why is Newjaisa Tech falling/rising?

As of 28-Oct, Newjaisa Technologies Ltd is experiencing a decline in its stock price, currently at 35.40, reflecting a decrease of 0.5 or 1.39%. The stock has underperformed its sector by 1.22% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has dropped by 3.67%, and it has seen a significant decline of 18.62% over the past month. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 160% against the 5-day average, indicating some interest in the stock. 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 performance has been significantly weaker compared to the benchmark Sensex, which has gained 0.26% over the past week. The stock's year-to-date decline of 57.35% starkly contrasts with the Sensex's increase of 9.69%, highlighting a substantial underperformance over a longer period as well. This trend suggests that while the broader market is experiencing growth, Newjaisa Technologies Ltd is struggling to attract investor confidence, contributing to its falling stock price.