Why is Jay Shree Tea falling/rising?

As of 22-Jul, Jay Shree Tea & Industries Ltd is experiencing a price increase, currently at 114.50, reflecting a change of 1.6 or 1.42% upward. The stock has outperformed its sector by 1.91% today, marking a trend reversal after three consecutive days of decline. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant drop in delivery volume, which decreased by 53.04% against the 5-day average, the company has shown positive financial performance over the last three quarters, with a 126.59% growth in PAT and a 22.02% increase in net sales. However, the stock's long-term fundamentals are weak, indicated by operating losses and a high Debt to EBITDA ratio of 17.37 times.
In the broader market context, the stock's short-term performance over the past week shows a gain of 0.79%, while the benchmark Sensex has declined by 0.47%. This indicates that Jay Shree Tea is performing relatively well compared to the overall market. However, year-to-date, the stock has underperformed with a decline of 10.44%, contrasting with the Sensex's increase of 5.18%. Despite the recent positive price movement, the long-term outlook remains cautious due to the company's weak growth metrics and high debt levels, which may affect investor sentiment moving forward.