Why is Jash Engineering falling/rising?

As of 17-Sep, Jash Engineering Ltd's stock price is currently at 516.00, reflecting an increase of 4.15 (0.81%). The stock has shown a trend reversal, gaining after four consecutive days of decline, although it remains 2.25% away from its 52-week low. Despite this recent uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Additionally, the stock's performance over the past week has been negative at -1.45%, while it has slightly outperformed its sector today by 0.31%. The company has a low Debt to EBITDA ratio of 0.58, suggesting a strong ability to service debt, and its operating profit has grown at an annual rate of 32.81%. However, the recent quarterly PAT has fallen significantly, and the operating profit to interest ratio is at its lowest, which raises concerns about profitability.
Broader market context shows that Jash Engineering's recent performance contrasts with the Sensex, which has gained 1.56% over the past week. While the stock has generated a flat return over the past year, its profits have increased by 16.3%, leading to a PEG ratio of 2.5, indicating that the stock may be overvalued despite its growth. Furthermore, the lack of domestic mutual fund investment, which stands at 0%, may reflect a lack of confidence in the stock's current valuation or business prospects. Overall, while there are some positive indicators regarding growth and debt management, the significant drop in PAT and low investor participation contribute to a cautious outlook for Jash Engineering.