Why is Jeevan Scienti. falling/rising?

As of 03-Jul, Jeevan Scientific Technology Ltd's stock price is currently at 44.00, reflecting an increase of 3.5, or 8.64%. The stock has shown strong performance today, outperforming its sector by 8.16% and has gained consecutively over the last two days, with a total return of 10% during this period. It opened with a gain of 2.47% and reached an intraday high of Rs 45.99, indicating positive momentum. However, despite a significant rise in profits by 110.9% over the past year, the stock has generated a negative return of -14.71% in the same timeframe, and it has been trading at a discount compared to its peers. The company has a very attractive valuation with a ROCE of 1.7, but it also faces challenges such as operating losses and weak long-term fundamental strength, which could impact investor sentiment.
In the broader market context, the stock's short-term return of +14.32% over the past week contrasts sharply with the Sensex, which has declined by -0.62% during the same period. While the stock has shown resilience in the short term, it has consistently underperformed against the benchmark over the last three years, with a -29.20% return compared to the Sensex's +57.33%. This underperformance, coupled with the company's weak operating metrics, suggests that while there may be short-term gains, the long-term outlook remains uncertain, potentially influencing investor behavior moving forward.