Why is Jay Shree Tea falling/rising?

As of 17-Jul, Jay Shree Tea & Industries Ltd is experiencing a slight decline in its stock price, currently at 115.15, reflecting a decrease of 0.05 or 0.04%. The stock has underperformed its sector by 2.04% today and has seen a trend reversal after two consecutive days of gains. Despite this, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 2.04%, and in the last month, it has risen by 7.37%. The company has reported positive results over the last three quarters, with a significant increase in profits and a low debt-equity ratio, which could indicate a strong valuation. However, the stock has also faced challenges, including operating losses and a high debt-to-EBITDA ratio, which contribute to concerns about its long-term growth potential.
In the broader market context, while Jay Shree Tea has shown positive short-term returns, it has consistently underperformed against the benchmark Sensex over the last three years. The Sensex has gained 5.27% year-to-date, contrasting with Jay Shree Tea's decline of 9.93% in the same period. This underperformance may be influencing investor sentiment, leading to the current price decline despite some positive financial indicators. The tea and coffee sector has gained by 2%, which suggests that the broader market conditions are somewhat favorable, yet Jay Shree Tea's specific challenges may be overshadowing these trends.