Why is Jayant Agro Org. falling/rising?

As of 18-Jul, Jayant Agro Organics Ltd is experiencing a price increase, currently at 266.05, reflecting a rise of 3.35 or 1.28%. The stock has outperformed its sector by 2.31% today, and 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 gained 6.46%, while it has increased by 7.71% over the last month. Despite a year-to-date decline of 2.55% and a one-year drop of 14.25%, the company shows strong fundamentals with a low Debt to EBITDA ratio of 1.16 times and a healthy annual operating profit growth rate of 40.67%. However, the stock's performance has been hindered by negative quarterly results and low domestic mutual fund interest, indicating potential concerns among institutional investors.
In the broader market context, while the Sensex has shown a slight decline of 0.90% over the past week, Jayant Agro's positive movement stands out, suggesting a divergence from the general market trend. The stock's year-to-date performance is notably weaker than the benchmark, which has gained 4.63% during the same period. This contrast highlights the stock's recent recovery efforts, despite its longer-term underperformance relative to the market. The company's attractive valuation and rising investor participation may be contributing factors to its current upward price movement, even as it grapples with challenges reflected in its past performance metrics.