Why is Jay Bharat Maru. falling/rising?

As of 01-Sep, Jay Bharat Maruti Ltd's stock price is rising, currently at 89.00, reflecting an increase of 3.98 (4.68%). The stock has been performing well recently, gaining 6.21% over the last five days and outperforming its sector by 1.95% today. It has also touched an intraday high of Rs 89.9. The company has reported very positive results, including a significant net profit growth of 329.91% in the last quarter, and has shown strong operating profit metrics. However, it faces challenges such as a high Debt to EBITDA ratio of 2.60 times and a low return on equity, which may raise concerns among investors.
In the broader market context, Jay Bharat Maruti Ltd has outperformed the Sensex over the past week and month, with returns of +6.08% and +8.05%, respectively, while the Sensex has declined by -1.56% and -0.29%. Despite this positive short-term performance, the stock has underperformed over the past year, with a decline of -16.04% compared to the Sensex's -2.43%. This contrast highlights the stock's volatility and the potential risks associated with its high debt levels and low profitability, which may affect investor sentiment moving forward.