Why is Jayant Agro Org. falling/rising?

As of 01-Jul, Jayant Agro Organics Ltd's stock price is currently at 256.15, reflecting an increase of 2.15 (0.85%). The stock has been gaining for the last two days, with a total return of 1.37% during this period, and it has outperformed its sector by 2.13%. However, despite this recent uptick, the stock has underperformed over the longer term, with a -1.18% return over the past month and a significant -19.82% decline over the past year. The company has a high dividend yield of 4.53%, and its ability to service debt is strong, indicated by a low Debt to EBITDA ratio of 1.16 times. Nevertheless, negative results reported in March, including a 22.1% fall in PAT, and low domestic mutual fund interest suggest underlying concerns that may affect investor confidence.
In the broader market context, the stock's recent performance has been relatively favorable compared to the benchmark, as it has outperformed the Sensex by 0.75% over the past week. However, it has consistently lagged behind the benchmark over the longer term, with a -19.82% return in the last year compared to the Sensex's +5.31%. This consistent underperformance, coupled with falling investor participation indicated by a 57.33% drop in delivery volume, may contribute to a cautious outlook among investors. Overall, while there are positive indicators such as a strong operating profit growth rate and attractive valuation metrics, the stock's historical performance and recent negative results may overshadow these factors, leading to a mixed sentiment in the market.