Why is Zodiac-JRD MKJ falling/rising?

As of 11-Sep, Zodiac-JRD-MKJ Ltd's stock price is currently at 46.78, reflecting an increase of 0.79 or 1.72%. The stock has shown a positive performance today, outperforming its sector by 2.69% and has been gaining for the last two days, accumulating a total return of 1.83% during this period. However, despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 39.69% and a one-year drop of 50.23%. Additionally, the stock's delivery volume has significantly decreased by 58.81% compared to the five-day average, indicating falling investor participation, which could be a concern for future price stability.
Broader market context shows that while Zodiac-JRD-MKJ Ltd has experienced a slight positive return of 1.78% over the past month, it has lagged behind the Sensex, which has gained 1.17% in the same timeframe. In the short term, the stock's performance has been weaker than the benchmark, as it has declined by 0.40% over the past week while the Sensex rose by 1.03%. This contrast highlights the challenges the company faces in regaining investor confidence, especially given its substantial long-term underperformance relative to the broader market.