Why is Jai Balaji Inds. falling/rising?

As of 26-Jun, Jai Balaji Industries Ltd is experiencing a significant rise in its stock price, currently at Rs 133.00, reflecting an increase of Rs 15.8 or 13.48%. The stock has shown strong performance recently, outperforming its sector by 11.6% today and achieving a consecutive gain over the last two days with a total return of 31.1%. Additionally, the stock has traded in a wide range and has seen a notable increase in delivery volume, which rose by 197.61% against the 5-day average. However, despite these positive short-term movements, the company has faced challenges, including a decline in net sales by 13.87% and negative results over the last two quarters, which have contributed to a year-to-date decline of 26.14%.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only increased by 2.94% over the past week. While Jai Balaji Industries has shown a remarkable 26.67% gain in the same period, its long-term performance remains concerning, with a year-over-year decline of 24.40% compared to the Sensex's increase of 6.46%. This underperformance, coupled with high promoter pledged shares, suggests that while the stock is currently rising, it faces significant headwinds that could impact its sustainability in the long run.