Why is Jayatma Industri falling/rising?

As of 14-Jul, Jayatma Industries Ltd is experiencing a price increase, currently at 15.67, which reflects a rise of 0.74 or 4.96%. The stock has shown a positive performance today, outperforming its sector by 5.48% and achieving consecutive gains over the last two days with a total return of 10.2%. However, it has faced challenges in the longer term, with a 21.65% decline over the past month and a negative EBITDA indicating risky trading conditions. Despite generating a significant return of 42.45% over the past year, the company's operating losses and high debt to EBITDA ratio of 9.32 times raise concerns about its long-term fundamental strength and profitability.
In the broader market context, the stock's short-term performance contrasts sharply with the benchmark, as it has gained 2.08% over the past week while the Sensex has declined by 1.42%. This indicates a strong relative performance in the short term, despite the stock's overall year-to-date decline of 12.90% compared to the Sensex's gain of 5.27%. The liquidity of the stock appears adequate for trading, but falling investor participation, as evidenced by a significant drop in delivery volume, suggests caution among investors. Overall, while the stock is currently rising, its long-term outlook remains uncertain due to fundamental weaknesses.