Why is Sh. Jagdamba Pol falling/rising?

As of 29-Aug, Shri Jagdamba Polymers Ltd is experiencing a slight decline in its stock price, currently at 959.80, reflecting a decrease of 1.9 points or 0.2%. The stock has been losing value for the past three days, with a total drop of 1.05% during this period. Despite this recent downturn, the stock has shown resilience over the longer term, with a year-to-date increase of 26.51% and a one-year return of 12.92%, outperforming the broader market, which has seen negative returns. However, the stock's performance today is in line with its sector, and it is currently trading above its 200-day moving average but below its shorter-term moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 48.24% compared to the five-day average.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by 1.84% over the past week and 1.88% over the past month. While the stock has shown strong management efficiency and positive financial results over the last six quarters, the recent decline may be attributed to reduced trading activity and investor interest. Despite the stock's strong historical performance and low debt-to-equity ratio, the current market conditions and falling delivery volumes suggest a cautious sentiment among investors, contributing to the recent price movement.