Why is Sh. Jagdamba Pol falling/rising?

As of 19-Sep, Shri Jagdamba Polymers Ltd is experiencing a decline in its stock price, currently at Rs 861.00, which reflects a decrease of Rs 32.95 or 3.69%. The stock has been underperforming, having lost 4.86% over the last four days and is trading below all its moving averages, indicating a bearish trend. Additionally, the stock's performance today has underperformed its sector by 4.01%. The recent returns show a significant decline over the past week and month, with losses of 4.55% and 7.62%, respectively, while the year-to-date return remains positive at 13.49%. However, the falling investor participation, with a 67.38% drop in delivery volume compared to the five-day average, suggests a lack of confidence among investors.
Broader Market Context: In contrast to the stock's recent performance, the benchmark Sensex has shown resilience, gaining 0.88% over the past week and 1.20% over the past month. This indicates that while the broader market is experiencing positive movements, Shri Jagdamba Polymers Ltd is lagging significantly behind. The stock's year-to-date performance is still favorable compared to the Sensex, which has only increased by 5.74%. However, the stark difference in the three-year returns, where the stock has declined by 7.59% while the Sensex has surged by 39.71%, highlights a concerning trend for investors in Shri Jagdamba Polymers Ltd.