Why is Jay Bharat Maru. falling/rising?

As of 25-Aug, Jay Bharat Maruti Ltd's stock price is currently at 83.90, reflecting a slight increase of 0.1 (0.12%). The stock has outperformed its sector by 0.35% today, although it has shown a decline of 1.04% over the past week. The stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, but it is below its 5-day moving average. Despite a significant growth in net profit of 329.91% and positive results over the last two quarters, the stock has underperformed in the long term, with a return of -21.66% over the past year. The company faces challenges such as a high Debt to EBITDA ratio of 2.60 times and low profitability per unit of shareholders' funds, which may contribute to investor caution.
In the broader market context, the Sensex has gained 0.45% over the past week, while Jay Bharat Maruti Ltd has seen a decline of 1.04%, indicating that the stock is not keeping pace with the overall market. Although the stock has shown a strong performance over the past month with a return of 15.58%, its year-to-date performance remains negative at -3.97%, contrasting with the Sensex's positive return of 4.48% during the same period. This disparity suggests that while there are positive developments within the company, broader market sentiment and investor participation may be affecting the stock's price movement negatively.