Why is Jay Shree Tea falling/rising?

As of 27-Jun, Jay Shree Tea & Industries Ltd's stock price is currently at Rs 113.30, reflecting an increase of Rs 2.5 or 2.26%. The stock has shown strong performance today, outperforming its sector by 3.72% and achieving a consecutive gain over the last two days with a total return of 4.42%. It reached an intraday high of Rs 113.4 and is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. The company has reported positive results for the last three consecutive quarters, with a significant growth in PAT and net sales, contributing to a favorable valuation compared to its peers. However, the company also faces challenges, including operating losses and a high Debt to EBITDA ratio, which could impact long-term growth prospects.
In the broader market context, Jay Shree Tea's short-term return of 7.29% over the past week significantly outpaces the Sensex's return of 2.00% during the same period. While the stock has experienced a decline of 11.38% year-to-date, its recent performance suggests a potential recovery phase, aided by rising investor participation and liquidity. Despite its positive short-term indicators, the company's long-term fundamental strength remains weak due to poor growth rates in net sales and operating profit over the last five years, which could temper investor sentiment moving forward.