Why is Jash Engineering falling/rising?

As of 02-Sep, Jash Engineering Ltd's stock price is currently at 520.95, reflecting an increase of 5.65 or 1.1%. Despite this recent uptick, the stock has shown a negative performance over the past month, declining by 8.12%, while the benchmark Sensex has only fallen by 0.55%. Today's price summary indicates that the stock is trading lower than its moving averages across various time frames and is close to its 52-week low, being just 3.18% away from Rs 504.4. Additionally, there has been a decrease in investor participation, with delivery volume falling by 7.67% against the 5-day average. The company does exhibit some strengths, such as a low Debt to EBITDA ratio of 0.58 times and a healthy long-term growth rate in operating profit of 32.81%. However, the recent financial results show a significant drop in profit after tax and a concerning operating profit to interest ratio, which may contribute to the stock's underperformance.
In the broader market context, Jash Engineering's short-term return of +0.44% over the past week contrasts sharply with the Sensex's decline of 0.78%, indicating a relative outperformance in the very short term. However, this is overshadowed by the stock's longer-term struggles, as it has not generated any returns over the past year, while the benchmark has seen a slight decline of 2.91%. The lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in the stock's valuation or business prospects, further complicating its market position. Overall, while there are some positive indicators, the stock's recent performance and investor sentiment reflect significant challenges that may hinder its upward momentum.