Why is Jay Shree Tea falling/rising?

As of 10-Jul, Jay Shree Tea & Industries Ltd's stock price is currently at Rs 112.85, reflecting a decrease of Rs 1.15 or 1.01%. Today, the stock opened with a loss of 2.63% and reached an intraday low of Rs 111. The stock has fallen after two consecutive days of gains, and there has been a notable decline in investor participation, with delivery volume decreasing by 11.01% compared to the five-day average. Over the past week, the stock has shown a slight increase of 0.18%, but it has underperformed over the longer term, with a year-to-date decline of 11.73% compared to a 6.46% gain in the benchmark index. Despite the company reporting positive results in the last three quarters, including a significant increase in profits, it faces challenges such as operating losses and a high debt-to-EBITDA ratio, which contribute to its weak long-term fundamental strength.
In the broader market context, while the stock has seen a minor uptick in the short term, it has consistently underperformed against the benchmark over the last three years, generating a return of -6.08% in the past year compared to the Sensex's 4.09% gain. The company's low ability to service debt and poor long-term growth prospects further exacerbate its challenges in attracting investor confidence, leading to a decline in stock price despite some positive financial indicators.