Why is Jainex Aamcol falling/rising?

As of 21-Jul, Jainex Aamcol Ltd's stock price is currently at Rs 197.00, reflecting an increase of Rs 4.75 or 2.47%. The stock has shown a positive performance today, outperforming its sector by 2.96%, and has gained for the last two consecutive days, accumulating a total return of 2.66% during this period. It opened with a notable gain of 4.81% and reached an intraday high of Rs 201.5. Despite this upward movement, the stock has experienced a significant decline in delivery volume, dropping by 90.25% against the 5-day average, which may indicate weakening investor participation. Additionally, while the stock has generated a return of 28.76% over the past year, its profits have decreased by 17%, suggesting potential concerns regarding its long-term profitability despite attractive valuations compared to peers.
In the broader market context, Jainex Aamcol's short-term performance has been strong, with a 1-week return of 2.60%, contrasting with a slight decline of 0.06% in the Sensex during the same period. This indicates that the stock is currently outperforming the benchmark index. However, it is important to note that the stock has a year-to-date return of -15.85%, while the Sensex has increased by 5.20%, highlighting a significant divergence in performance over a longer timeframe. The stock's long-term fundamental strength appears weak, with a low EBIT to Interest ratio and a modest CAGR growth in operating profits, which could impact investor sentiment moving forward.