Why is Jaipan Industrie falling/rising?

As of 11-Jul, Jaipan Industries Ltd is currently priced at 35.05, reflecting a slight increase of 0.05 or 0.14%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite this recent uptick, the stock has underperformed in the short term, with a 1-week return of -1.02% compared to the Sensex's -1.12%. The stock's performance today has outpaced its sector by 1.19%. However, there has been a notable decrease in investor participation, with delivery volume falling by 34.53% against the 5-day average. The company has reported positive results over the last three quarters, with net sales growing by 29.66% and a higher profit after tax, which may contribute to the recent price movement.
In the broader market context, Jaipan Industries' year-to-date performance shows a significant decline of 8.37%, contrasting sharply with the Sensex's gain of 5.58%. While the stock has demonstrated impressive long-term growth over three and five years, its recent performance indicates weak long-term fundamental strength, with a low return on capital employed and a high debt-to-EBITDA ratio. This suggests that despite positive quarterly results, the stock may still be viewed unfavorably by investors due to concerns over its long-term growth potential and valuation compared to peers.