Why is Sh. Jagdamba Pol falling/rising?

As of 05-September, Shri Jagdamba Polymers Ltd's stock price is currently at 940.10, reflecting a decline of 22.85 points or 2.37%. Today's price summary indicates that the stock underperformed its sector by 1.84%, opening with a loss of 2.9% and reaching an intraday low of Rs 896.55, which is a significant drop of 6.9%. The stock has shown a negative performance over the past week and month, with declines of 2.05% and 6.29%, respectively. Despite a strong year-to-date return of 23.92% and a positive performance over the last year at 16.35%, the recent trading activity suggests a decrease in investor participation, as evidenced by a 45.94% drop in delivery volume compared to the five-day average. The company maintains a high management efficiency with a return on capital employed (ROCE) of 23.10% and a low debt-to-equity ratio of 0.09, which are positive factors, but they have not been sufficient to counteract the recent price decline.
Broader market context shows that while the stock has outperformed the broader market over the past year, generating a return of 16.35% compared to the BSE500's negative return of 4.41%, it has struggled in the short term. The Sensex has gained 1.13% over the past week, contrasting with the stock's decline, indicating that broader market trends may not be favoring the stock at this time. The stock's performance relative to the benchmark suggests that while it has historically been a strong performer, recent trends and investor sentiment have shifted negatively, contributing to its current price drop.