Why is Jash Engineering falling/rising?

As of 23-Sep, Jash Engineering Ltd's stock price is currently at 515.90, reflecting an increase of 1.35 or 0.26%. The stock's performance today is in line with its sector, although it is higher than the 5-day moving averages but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Despite a recent increase, the stock has seen a decline of 4.80% over the past month, while it has outperformed the Sensex by 0.79% over the past week. The company has a strong ability to service debt, indicated by a low Debt to EBITDA ratio of 0.58 times, and healthy long-term growth with an operating profit growth rate of 32.81%. However, the company reported a significant drop in PAT for the quarter, which fell by 1118.0%, and has a low operating profit to interest ratio, which may raise concerns among investors.
In the broader market context, Jash Engineering's recent performance contrasts with the Sensex, which has declined by 0.34% over the past week. The stock's lack of domestic mutual fund investment, at 0%, may indicate a lack of confidence among institutional investors, potentially impacting its price stability. While the stock is trading at a discount compared to its peers' historical valuations, the high Price to Book Value of 7.5 suggests it may be considered expensive. Overall, despite some positive indicators such as debt servicing ability and operating profit growth, the significant drop in PAT and low investor participation could be contributing factors to the stock's recent price movement.