Why is Jayaswal Neco falling/rising?

As of 14-Jul, Jayaswal Neco Industries Ltd is experiencing a significant rise in its stock price, currently at Rs 42.56, reflecting an increase of 4.44 or 11.65%. The stock has shown strong performance today, outperforming its sector by 11.68% and achieving a consecutive gain over the last two days with a total return of 11.71%. It opened with a gain of 2.31% and reached an intraday high of Rs 44.4, indicating positive momentum. Despite this, there are concerns regarding falling investor participation, as the delivery volume has decreased by 4.84% against the 5-day average. The company has demonstrated healthy long-term growth, with an operating profit growth rate of 60.02% and a remarkable net profit increase of 4906.9% reported in March 2025. However, the stock has generated a negative return of -9.81% over the past year, and its profits have declined by 47.6%, which may temper investor enthusiasm.
In the broader market context, the stock has outperformed the Sensex over the past week, gaining 7.67% compared to the benchmark's decline of 1.42%. This trend continues in the one-month period, where Jayaswal Neco has increased by 7.47% while the Sensex has risen by only 1.40%. The stock's performance over the year-to-date also shows a positive return of 9.13%, surpassing the Sensex's 5.27% increase. Despite the recent gains, the stock's long-term performance remains mixed, with a 1-year return of -9.81% compared to the Sensex's positive return of 2.15%. Overall, while the stock is currently rising, the underlying financial health and investor sentiment present a complex picture.