Why is Sh. Jagdamba Pol falling/rising?

As of 17-Sep, Shri Jagdamba Polymers Ltd is experiencing a decline in its stock price, currently at 899.95, reflecting a decrease of 4.05 points or 0.45%. The stock has underperformed its sector by 0.39% today and has been on a downward trend for the last two days, accumulating a total decline of 0.56% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite a strong year-to-date performance of 18.63%, the stock has seen a significant drop of 7.74% over the past month, contrasting with the positive returns of the benchmark index, Sensex, which has gained 2.60% in the same timeframe. The delivery volume has also decreased sharply by 76.7% compared to the 5-day average, suggesting falling investor participation.
In the broader market context, while the stock has outperformed the market over the past year with a return of 12.16% compared to the Sensex's -0.46%, its recent performance has been lackluster. The stock's decline is occurring against a backdrop of a generally positive market, as evidenced by the Sensex's 1.56% gain over the past week. Although the company boasts strong management efficiency with a high return on capital employed (ROCE) of 23.10% and a low debt-to-equity ratio of 0.09, these positive factors have not been sufficient to counteract the recent negative price movements and declining investor interest.